Open Listing. The general non-exclusive right to sell, trade, convey, or exchange the Property during the Listing Period in accordance with the terms and conditions set forth in this Agreement. Seller hereby appoints Agency to represent the Seller as their client ONLY if a potential Buyer is produced by the Agency. Seller retains the right to sell the Property directly, on their own behalf, with no commission due to the Agency. In addition, Seller reserves the right to enter into similar arrangements with other real estate agents.
Open Listing. A list of all known vacant positions for the succeeding school year for certificated personnel shall be maintained in the Human Resources Division. This list shall be kept current as openings become known and shall be transmitted to the president of the Association of Pleasanton Teachers as vacancies occur. The list shall also be available to unit members upon request. As vacancies occur after March 10, they shall be posted in a conspicuous place in each school building with deadline dates for making application. The deadline dates shall not be less than five (5) working days after the date of posting. No assignment shall be filled or committed until after the closing date. The posting of each vacancy shall include required credential authorization and certifications such as CLAD, based upon program need.
Open Listing. An open listing authorizes the agent to find a buyer for the property and obligates the seller to pay compensation only if, and when that agent procures a buyer resulting in a closed sale. The open listing is not exclusive to any one broker. Sellers may sign as many open listings with as many brokers as they wish. The seller will only be obligated to pay the broker that procures the ultimate buyer of the property. Under an open listing, the seller may still procure a buyer on their own and not be obligated to pay any broker. An open listing does not have to have a termination date. The listing will be terminated upon the sale of the property and does not require that the seller inform any of the brokers of the termination. This listing does carry with it the duties and obligations of the agent to the principal and to all parties involved in a purchase transaction. A seller can sign an Exclusive Agency Listing with only one broker (or risk the possibility of being obligated to pay compensation to more than one broker). The Exclusive Agency Listing authorizes the broker to procure a buyer and to cooperate with other brokers. The seller will be obligated to pay compensation to the listing broker when a buyer is procured by that broker or by any cooperating broker. However, with the Exclusive Agency Listing sellers may still procure a buyer themselves without being obligated to pay compensation to any broker.
Open Listing. An owner who is interested in selling a house is usually concerned about how much money the seller can get when it sells. A competitive market analysis may help the seller determine a realistic listing price. Which of the following is TRUE?
Open Listing. Open listing agree- ments provide for any licensed real es- xxxx broker to provide sales services for any property listed under the terms and conditions of Form RD 1955–42, ‘‘Open Real Property Master Listing Agreement.’’ If this method is used, a newspaper advertisement will be pub- lished at least once yearly, or a notice sent to all real estate brokers in the counties served by the Rural Develop- ment office, informing brokers that sales services are being requested. The advertising will be substantially simi- lar to the example given in Exhibit B of this subpart (available in any Rural Development office). An open listing agreement may be executed at any time during the year, but must be ef- fective prior to the broker showing the property. When this method is used, the Rural Development office is re- sponsible for ensuring that adequate advertising is performed to effectively market the property.
Open Listing. The "open listing" is mostly used by people trying to sell their home by owner who are also willing to work with real estate agents. Basically, it gives a real estate agent the right to bring buyers around to view your home. If their client buys your home, the agent earns a commission. There is nothing exclusive about an open listing and a home seller can give out such listings to every agent who comes around. For that reason, no agent is going to market your home or put it in the Multiple Listing Service. If your home fits the criteria for one of their clients, and it is convenient, they may be willing to show it to their client. That is all an "open listing" is good for. A "one-time show" is similar to an open listing in many respects, as it is most often used by real estate agents who are showing a FSBO (for sale by owner) to one of their clients. The home seller signs the agreement, which identifies the potential buyer and guarantees the agent a commission should that buyer purchase the home. This prevents the buyer and seller from negotiating directly later and trying to avoid paying the agent’s commission. As with an open listing, agents will not be spending money on marketing your home and it will not be placed in the Multiple Listing System.
Open Listing. The Seller grants the Agency the general non-exclusive right to sell, trade, convey, or exchange the Property during the Listing Period in accordance with the terms and conditions set forth in this Agreement. The Seller hereby appoints the Agency to represent the Seller as their client ONLY if a potential Buyer is produced by the Agency. The Seller retains the right to sell the Property directly, on their own behalf, with no commission due to the Agency. In addition, the Seller reserves the right to enter into similar arrangements with other real estate agents.
Open Listing. The Seller grants the Agency the general non-exclusive right to sell, trade, convey, or exchange the Property during the Listing Period in accordance with the terms and conditions set forth in this Agreement. The Seller hereby appoints the Agency to represent the Seller as their client ONLY if a potential Buyer is produced by the Agency. The Seller retains the right to sell the Property directly, on their own behalf, with no commission due to the Agency. In addition, the Seller reserves the right to enter into similar arrangements with other real estate agents. PERIOD OF AGREEMENT. This Agreement shall start on [MM/DD/YYYY] (the “Effective Date”), and end on [MM/DD/YYYY] at 12:00 midnight (the “Listing Period”), unless the expiration date is extended in writing.
Open Listing. The open listing agreement offers the lowest level of commitment. Any real estate agent who brings you a buyer can land the commission AND you reserve the right to sell the property on your own (without paying a commission) if you find your own buyer. But, odds are that no real estate agent will take you on as a client because any other real estate agent could scoop their commission. So, if you choose an open listing agreement you might end up doing all the work to sell your property , and you’re likely to make less money on the sale.
Open Listing. Under an open l isting agreement, the seller is obligated to pay the broker a commission only if the broker was the procuring cause of the sale. The procuring cause is the person who was primarily responsible for bringing about the agreement between the parties. To be the procuring cause, a broker ( or one of his salespersons) must have personally negotiated the offer f rom the ready, willing, and able buyer and communicated the offer to the seller. An open l isting is also called a nonexclusive listing, because a seller is f ree to give open l istings to any number of brokers. If a seller signs two open listing agreements with two different brokers, and one of the brok ers sells the property, only the broker who made the sale is entitled to a commission. The other broker is not compensated for his efforts. Or if the seller sells the property directly, without the help of either broker, then the seller does not have to pa y any commission at all. The sale of the property terminates all outstanding listings. The open listing arrangement has obvious disadvantages. I f two competing brokers both negotiate with the person who ends up buying the property, there may be a dispute over which broker was the procuring cause of the sale. Also, because a broker with an open l isting agreement is not assured of a commission when the property sells, he may not put as much effort into marketing the property, so it may take longer to sell. For the most part, open listing agreements are used only when a seller is unwilling to execute an exclusive listing agreement. Multiple l isting services generally do not accept open l istings.
