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Addendum to Exclusive
Right to Sell Listing Agreement
The following chart shows the fee possibilities if $295
is paid up front.
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To Selling Agent |
To Discount Realty Listing Agent |
| Agent* writes offer for buyer |
3% of sales price |
$1295 |
| Seller obtains Buyer with no agent |
0 |
$1295 |
| *The Agent may be a Discount Realty agent. |
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- INDEMNITY. The homeowner agrees to indemnify and hold
Discount Realty, Inc. its owner, broker and agents, harmless
from any claim and litigation arising from any of the information
supplied from the homeowner to Discount
Realty, Inc. The
homeowner understands that the information supplied to
Discount Realty, Inc. is being electronically disseminated
to members of a local real estate board and M.L.S. system
and those representations are those of the homeowner and
not those of Discount Realty, Inc. its owner, broker or
agents.
- THE SELLER may advertise in any manner they wish to obtain
a buyer. When they obtain a buyer, Discount
Realty, Inc. must write the offer and represent the seller for a fee
of $1295.
- CANCELLATION. Seller may
cancel the Exclusive Right to Sell Listing Agreement at
any time for any reason. Discount
Realty, Inc. may cancel the agreement at any time
for any reason after returning all advance fees. If the
Seller
obtains the buyer, the seller may not cancel this agreement
with Discount Realty, Inc. Discount
Realty, Inc. will represent
the seller for $1295.
- ADVANCE FEE. Homeowner
agrees to pay Discount
Realty, Inc. an advance fee of $295.00 for a
listing. This advance fee includes the homeowner's property
being
entered into the local Realtor's M.L.S. system 2 days after
the date signed below, a yard sign to be professionally
installed 2 days after the date shown below, an electronic
lock box* put on the house the same day of listing and
listed for sale on the Internet 5 to 7 days after the date
signed below.
- EXEMPTIONS. If anything is attached to the house or property
that the seller wants to take with them (ie. fan, curtains,
blinds, microwaves, plants, play equipment) this should
be addressed in the offer and counter offer. Please have
noted in the M.L.S. listing also.
- INTERNET. The M.L.S. is downloaded once per week into
realtor.com. There is always a week delay for initial input
and all changes. However, the M.L.S. in online and the
changes are instantaneous.
- SELLER may not use Discount
Realty, Inc's post for their
signs.
- SELLERS are not permitted to advertise any price in writing
different than M.L.S.
- SELLERS are made aware that 15% of escrows fail (industry
average is 20%). Do not put non-refundable money down on
future homes or rentals before talking to your listing
agent.
- SELLER grants permission to Discount
Realty, Inc. and
other brokers to advertise their property.
- SELLER grants permission to Discount
Realty, Inc. to
change their phone number to 702-000-000 in the computer
if listing is withdrawn or expired.
- If the seller has a homeowners association, Discount
Realty, Inc. will order the documents for you and then
you have a choice of (a). Discount
Realty, Inc. will pick
up
and deliver the docs and charge $50 paid through escrow
____
or (b)
Seller
will
pick up
and deliver docs to buyer's agent____. In either case the
seller pays for the documents.
- UTILITIES. Please do not turn off utilities until the
day after the actual close of escrow. Not the day after
the scheduled close of escrow. Have all utilities on throughout
the escrow. If any of the utilities are off now, they need
to be on when you enter a contract for inspection.
* A $10.00 charge will be assessed if a lock box is added
after the initial visit by Discount Realty, Inc.
SELLER________________ DATE__________ SELLER ___________________
DATE______________
FAX________________ COVER SHEET REQUIRED ___Y ___ N PHONE
_________________________
EMAIL ___________________________ AGENT _________________________
DATE ___________
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