The Listing Agreement When You Sell Your Home

The First Time Home Seller

Selling your home is not something you do everyday.  This is an event that may happen multiple times over the course of many years, just not everyday.  However, listing and purchasing homes is an everyday occurrence in our business and we provide great value to you in being able to interpret the market and explain the contracts that you will be using to complete the sale of your home.  The Residential Listing Agreement (Exclusive Authorization and Right to Sell) (LA-11) is a standard form stipulating all agreement terms, including the listing price, the listing time period, the broker's commission and more. It also informs the seller of issues and legal requirements that may be involved in the process.


Has The Paperwork Changed Since You Last Sold Your Home?

I am going to go with YES to this question.  Our forms are updated two times a year and the process is constantly evaluated to provide the best possible protection to the consumer as well as the real estate professional.  Our goal is to get you to the closing table with the best possible return for your investment giving you the opportunity to move into the next phase of your life. Whether it is moving up in house size, down in house size or retiring to another state, we want to help you with your real estate goals.  In either case, selling your home or buying one, it is important to know that the contracts help all parties stay the course and negotiate terms that everyone agrees too.  Also it does help hold us all accountable in clearly stating everyone's responsibility in getting the job done...even the Realtor.  Personally I love going through the contracts and helping sellers understand what choices are available to them in the contract.

Topics to Review:
  • Duration of Listing Agreement
  • What is Included in the Sale
  • Purchase Price
  • Listing Agent and Selling Agent Compensation
  • Mediation/Arbitration
  • Seller Advisory Review