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California Real Estate Agent Listing Agreement

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California Real Estate Agent Listing Agreement

Updated April 22, 2024

A California real estate agent listing agreement is a contract that grants an agent the authority to sell an owner’s property on their behalf. The agreement enables them to list the property while providing them with, in most cases, exclusivity to the real estate transaction and the potential commission earned. Other terms will be established in the agreement such as the listing price, agent’s commission rate or fee, duration of the listing period, advertising methods, and any other conditions desired by the seller. Once the listing agreement is signed by the agent and seller(s), the parties will be bound to the terms until the contract expires or the property is sold.

Agency Disclosure Form – No standardized form. California agents must disclose to potential clients the agency relationship or type of representation established upon entering into the real estate transaction. This information must be provided by the agent in the form of a written disclosure drafted in accordance with State law. The disclosure must be signed by the seller and attached to the listing agreement.[1][2]

Dual Agency – Legal in California. The buyer must also sign the Agency Disclosure Form.[2]

Transfer Disclosure Statement – Required to be completed by the seller when transferring ownership of specific types of residential property in California.[3]

Search a Licensee – Perform a search to verify whether an agent is a licensed realtor.

Realtor Version

California Association of RealtorsPDF (Sample)

Sources

  1. § 2079.14
  2. § 2079.16
  3. § 1102