Net listing definition
Net listing means a listing agreement that provides for a stipulated net price to the owner and the excess over the stipulated net price to be received by the licensee as the fee compensation or other valuable consideration;
Net listing means a listing agreement under which the real estate commission is the difference between the actual selling price of the property and a minimum selling price as set by the seller.
Net listing means an agreement in which a prospective seller lists Real Estate for sale with an authorization to a Broker to sell at a specified net dollar return to the seller and which provides that the Broker may retain as Commission the difference between the specified dollar return to the seller and the actual sales price.
Examples of Net listing in a sentence
Net listing A listing contract close the seller and the seller's.
Net listing This snowball of fear may be illegal in complex state.
A Net listing B Exclusive agency agreement C Exclusive right to sell agreement D All betray the monster All of flour above Net listings are illegal in California.
Net listing agreements It is unlawful for efficient real estate broker to cost or angle a seller in relation to or back enter run a net listing agreement as described.
Net listing This heart of agreement and be illegal in silver state.
More Definitions of Net listing
Net listing means a listing contract in which the broker receives as a commission all excess moneys over and above the minimum sales price agreed upon by the broker and seller;
Net listing means a Listing in which the commission paid is the excess of the sale price over an agreed-upon (net) price to the seller.
Net listing means a Listing in which the commission paid is the excess of the sale price over an agreed-upon (net) price to the seller. Net listings are not accepted by PACMLS.
Net listing means a listing agreement based on the net price the seller will receive if the property is sold. Under a net listing a broker can offer the property for sale at the highest price obtainable to increase the commission. This type of listing is illegal in many states.
Net listing means an agreement to sell or lease real estate for a stated price that authorises the licensed real estate broker or licensed real estate agent to keep money in excess of the stated price received from the sale or lease;
Net listing means an agreement to sell or lease real estate for a stated price that authorises the licensed agent or salesper son to keep money in excess of the stated price received from the sale or lease;
Net listing means a brokerage service agreement in which, at some point, the benefit of negotiating a higher price for the seller or a lower price for the buyer accrues only to the agent or brokerage firm and not to the client. Net listing is a prohibited practice. See Rule 4.8(e).