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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.

  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.    
  1. 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.
  2. 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.
  3. 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.
  4. 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.
  5. 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.
  6. 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.
  7. SELLER may not use Discount Realty, Inc's post for their signs.
  8. SELLERS are not permitted to advertise any price in writing different than M.L.S.
  9. 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.
  10. SELLER grants permission to Discount Realty, Inc. and other brokers to advertise their property.
  11. 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.
  12. 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.
  13. 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 ___________

 

Discount Realty, Inc.
702.460.3862 Fax: 702.897.1718
Email: DiscountRealty1@cox.net
Mailing Address: P.O. Box 50576, Henderson, NV 89016
© 2003 Discount Realty, Inc.

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