Real Estate Exclusive Authority

Real Estate Exclusive Authority

Parties and Contact Information

This Exclusive Authority Agreement (the "Agreement") is entered into between Seller Name(s): and Broker/Brokerage Name:

Property Identification

Exclusive Authority Grant

Seller hereby grants Broker the exclusive authority to market, advertise, negotiate and procure a buyer for the Property on the terms set forth below. Listing type: Exclusive Right to Sell Exclusive Agency

Term of this exclusive authority begins on and terminates on unless extended in writing or earlier terminated in accordance with this Agreement.

Financial Terms and Sale Mechanics

Closing Date (anticipated): Possession to be delivered:

Commission payable to Broker: % of gross sales price or flat fee .

Cooperating broker compensation: Commission is earned and payable at closing or upon performance as described herein. If Seller procures Buyer without Broker's written agreement, Seller remains liable for commission as set forth in this Agreement.

Broker Authority and Duties

Broker is authorized to advertise and promote the Property; place signs; list the Property in multiple listing services; conduct showings and open houses; distribute information to prospective purchasers and cooperating brokers; and negotiate offers on behalf of Seller. Seller authorizes Broker to accept and hold keys and to install a lockbox if Seller selects: Lockbox authorized.

Broker shall use reasonable efforts to procure purchasers and shall present all offers promptly to Seller. Broker makes no warranty as to results and is not responsible for buyer's financial qualification except to the extent Broker expressly agrees in writing to assist with verification.

Seller Representations, Disclosures and Condition

Seller represents that Seller is the lawful owner with authority to enter into this Agreement. Seller shall furnish all material disclosures required by law and shall disclose known conditions affecting the Property. The following known conditions are indicated below:

Lead-based paint (for dwellings built before 1978): Yes No

Known mold or water intrusion: Yes No

Prior structural or material damage (fire, flood, termite, etc.): Yes No

Marketing Costs; Expenses

All advertising, staging, photography and marketing expenses shall be paid by: Seller Broker Shared — amount:

Protection Period; Post-Term Liability

If, within days after termination of this Agreement, the Property is sold to a purchaser who was introduced to the Property by Broker during the term, Seller shall pay Broker the full commission set forth above. Seller agrees to provide written notice of any sale to a purchaser introduced by Broker.

Default; Remedies; Indemnity

In the event of Seller's default under this Agreement, Broker's remedies shall include the right to seek specific performance, monetary damages, and recovery of reasonable attorneys' fees and costs. Seller shall indemnify and hold Broker harmless from claims arising from Seller's misrepresentations or breach of obligations under this Agreement, except to the extent caused by Broker's gross negligence or willful misconduct.

Insurance; Maintenance

Seller shall maintain property insurance and maintain the Property in substantially the same condition as of the date hereof until closing. Seller shall promptly notify Broker of any material change in condition.

Governing Law; Entire Agreement

This Agreement shall be governed by and construed in accordance with the laws of the State of . This document contains the entire agreement between the parties concerning the subject matter and supersedes all prior negotiations, understandings and agreements. Any amendment must be in writing and signed by both parties.

Acknowledgment and Certification

Seller acknowledges receipt of a copy of this Agreement and certifies that the information provided herein is true and complete to Seller's knowledge. Broker certifies that Broker is duly licensed to perform brokerage services in the jurisdiction where the Property is located.

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