Updated April 23, 2024
A Maine real estate agent listing agreement is a contract used by real estate agents when selling a residential or commercial property. The agreement establishes a time frame in which the agent is given the right to sell the owner’s property. If the agent is able to find a buyer within the allotted period, they will be given a commission in the form of a percentage of the sales price. The seller can alternatively offer the agent a flat fee for their services. Depending on the commission terms, payment may not be necessary if the agent fails to sell the property before both the agreement and holdover period (if applicable) expires.
Brokerage Relationship Disclosure – Buyers and sellers of residential property must receive this disclosure statement from the real estate brokerage agency.[1]
Disclosed Dual Agency – Legal in Maine.[2]
Property Disclosure Statement – Property sellers are required to provide buyers with this disclosure statement to assist them in evaluating the overall condition of the property.[3]
Search a Licensee – Verify a licensee in Maine by performing a search of the government database.
Other Versions
Maine Assoc. of Realtors (2007 version) – PDF