Common use of PLEASE INITIAL BELOW Clause in Contracts

PLEASE INITIAL BELOW. EXPLANATION: An “exclusive right to sell” listing means that if you, the OWNER of the PROPERTY, find a buyer for your house, or if another broker finds a buyer, you must pay the agreed commission to the present broker. An “exclusive agency” listing means that if you, the OWNER of the PROPERTY, find a buyer, you will not have to pay a commission to the broker. However, if another broker finds a buyer, you will owe a commission to both the selling broker and your present broker. PARTIES SIGNATURE OWNER Date: OWNER Date: LISTING BROKER (Auth. Rep) Date: LISTING AGENT The “EFFECTIVE DATE” of this Agreement shall be latest date entered alongside the parties’ signatures Date:

PLEASE INITIAL BELOW. EXPLANATION: An “exclusive right to sell” listing means that if you, the OWNER of the PROPERTY, find a buyer for your house, or if another broker finds a buyer, you must pay the agreed commission to the present broker. An “exclusive agency” listing means that if you, the OWNER of the PROPERTY, find a buyer, you will not have to pay a commission to the broker. However, if another broker finds a buyer, you will owe a commission to both the selling broker and your present broker. PARTIES SIGNATURE OWNER Date: OWNER Date: LISTING BROKER (Auth. Rep) Date: LISTING AGENT The “EFFECTIVE DATE” of this Agreement shall be latest date entered alongside the parties’ signatures Date:signatures

PLEASE INITIAL BELOW. EXPLANATION: An “exclusive right to sell” listing means that if you, the OWNER of the PROPERTY, find a buyer for your house, or if another broker finds a buyer, you must pay the agreed commission to the present broker. An “exclusive agency” listing means that if you, the OWNER of the PROPERTY, find a buyer, you will not have to pay a commission to the broker. However, if another broker finds a buyer, you will owe a commission to both the selling broker and your present broker. PARTIES SIGNATURE OWNER Date: OWNER Date: LISTING BROKER (Auth. Rep) Date: LISTING AGENT The “EFFECTIVE DATE” of this Agreement shall be latest date entered alongside the parties’ signatures Date:12/2022

PLEASE INITIAL BELOW. EXPLANATION: An “exclusive right to sell” listing means that if you, the OWNER of the PROPERTY, find a buyer for your house, or if another broker finds a buyer, you must pay the agreed commission to the present broker. An “exclusive agency” listing means that if you, the OWNER of the PROPERTY, find a buyer, you will not have to pay a commission to the broker. However, if another broker finds a buyer, you will owe a commission to both the selling broker and your present broker. PARTIES SIGNATURE OWNER Date: OWNER Date: LISTING BROKER (Auth. Rep) Date: LISTING AGENT Date: The “EFFECTIVE DATE” of this Agreement shall be latest date entered alongside the parties’ signatures Date:signatures

PLEASE INITIAL BELOW. EXPLANATION: An “exclusive right to sell” listing means that if you, the OWNER of the PROPERTY, find a buyer for your house, or if another broker finds a buyer, you must pay the agreed commission to the present broker. An “exclusive agency” listing means that if you, the OWNER of the PROPERTY, find a buyer, you will not have to pay a commission to the broker. However, if another broker finds a buyer, you will owe a commission to both the selling broker and your present broker. PARTIES SIGNATURE OWNER _ Date: OWNER _ Date: LISTING BROKER (Auth. Rep) Date: LISTING AGENT _ Date: The “EFFECTIVE DATE” of this Agreement shall be latest date entered alongside the parties’ signatures Date:signatures