Realtor and seller obligations under a listing agreement.

When a seller gives a Broker the exclusive right to sell their home or real estate, each party of the listing contract have obligations to each other.

When using a Florida Association of Realtors exclusive right of sale listing agreement the obligations the seller and Broker have agreed to include:

Broker

• Advertise the home
• Gather mortgage information on the home
• Continuous efforts to sell the home
• Enter home's information into the multiple listing service
• Provide buyers with comparable market information about the home
• Place a lockbox on the property

Seller

• Assist Broker including referring interested potential buyers to Realtor
• Allow the property to be viewed, providing keys when appropriate
• Inform the Realtor prior to leasing home
• Hold the Broker harmless in certain situations
• Comply with FIRPTA
• Disclose all know material facts about the property

These are a few of the obligations owed between a seller and their listing Realtor. If you are thinking about listing your home or real estate give us a call and we will be happy to discuss the listing contract and seller/Broker obligations in detail.

Related Florida real estate views:

Do I still have to pay a commission if I list my home but then decide not to sell?

Selling your home tips

If you think you are selling your home too cheaply, just say no

- Greg Staker - Watson Realty Corp. - 407-304-0255