The Listing Agreement
This contract authorizes your Realtor to market and sell your home. It communicates your Realtors’ responsibilities and obligations to you, outlines expectations, provides information about your property, and forms the basis for drafting offers on your home. Here are some highlights of this agreement that we will review with you further:
PRICE – It is ultimately your decision to choose a listing price. Nicole will guide you in this and offer useful advice and feedback regarding how to determine this value.
COMMISSION – There is no standard rate that Realtors must or should charge. Fees might range across the industry depending on Realtor or brokerage, and service will be reflective of such.
DESCRIPTION OF THE PROPERTY – All of the details and information regarding the lot, legal description, zoning, style, and size of your home will be documented here. Special qualities or noteworthy features will also be highlighted and this information will set the foundation for presenting your home to the public.
COMPLETION DATE – This clarifies when you would like to move. 60 days is typical, though a closing can be as quick as 15 days from the time an offer is accepted, to 120 days… or longer.
HOW WILL THE HOME BE SHOWN – All viewings and appointments should be managed and arranged by your Realtor. Nicole will coordinate these requests with you and ensure that special instructions are noted.
CHATTELS AND FIXTURES – Chattels refer to movable items that are sometimes included as part of the purchase of the home. This might include appliances and window treatments. Fixtures refer to items bolted, screwed, or nailed to your home such as light fixtures, and carpet. They are deemed to be part of the sale unless noted otherwise. Clarification regarding exactly what will be included in the sale of your home will be outlined in your listing agreement and reviewed with Nicole.