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Can A Texas Real Estate Broker take a Net Listing?

Yes, texas real estate broker can take a net listing.


What is co broker in real estate?

A co - broker works with the listing brokerage to help sell the property. It is commonly referred as selling broker which will bring buyer and the listing broker will work seller to help complete the transaction.


To whom does the listing broker owe direct fiduciary responsibility?

The listing broker is contracted to the seller, is an agent of the seller and owes fiduciuary responsibility to the seller.


What is duration of listing in an exclusive listing between broker and seller?

90 days nig


What is net listing in real estate?

A net listing is an agreement between the seller of a home and the broker entrusted by the seller to find a buyer. In most listing agreements, the broker is entitled to a percentage of the selling price as his commission.


Who does a real estate listing agreement belong to?

The listing agreement belongs to the broker of the firm you listed with.


What does TB mean on a realtor listing sheet?

Transaction broker.


Can a realtor transfer their listings to another Broker firm?

can a salesperson take his listing to anther broker? will the salesperson be violating law


In California real estate broker take a net listing?

Yes


Is it true or false if a buyer or cooperating broker asks a listing broker about other offers on a property listed with that broker th code of ethics requires the listing broker to divulge the existe?

True. According to the National Association of Realtors' Code of Ethics, if a buyer or cooperating broker inquires about other offers on a property, the listing broker is generally required to disclose the existence of those offers, unless the seller has instructed otherwise. This transparency helps maintain fairness and integrity in the transaction process. However, specific obligations may vary based on local laws and regulations.


On a exclusive agency does the agency get the listing and selling commission even if another agency sells?

The Exclusive Agency listing authorizes the listing broker, as exclusive agent, to offer cooperation and compensation on blanket unilateral bases, but also reserves to the seller the general right to sell the property on an unlimited or restrictive basis.Unless the buyers agency is a member within the same Multiple Listing Service, the buyers agent should be certain to get a commission agreement in writing from the listing broker, prior to writing an offer to purchase. Without this agreement, the listing broker does not have to pay out a coop commission.


What mean Broker of record in real estate?

The Broker Of Record is the Broker covering the listing or buying side in a Real Estate transaction. He/she is registered as the person responsible for the conduct of a brokerage and the agents who work for it.