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North Carolina Real Estate Agent Listing Agreement

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North Carolina Real Estate Agent Listing Agreement

Updated December 28, 2022

A North Carolina real estate agent listing agreement is a contract between a broker and the individual they are representing (client or principal). By signing a listing agreement, both parties agree to abide by the duties and obligations therein. The agent must list, advertise, and market their client’s real property in an attempt to sell it for a fair price. In exchange for their services, the agent is awarded a commission once the sale is finalized. A commission is a percentage of the sale price and can be negotiated before a listing agreement is signed. In most cases, an agent will insist on an Exclusive Right-to-Sell listing agreement that enables the broker to claim a commission even if the seller finds a buyer outside of the broker’s aid.

Agency Disclosure Form (21 NCAC 58A .0104(c)) – All real estate brokers must present a copy of the publication “Working with Real Estate Agents” (linked) to a potential client upon the first contact before they are permitted to represent the individual.

Dual Agency (21 NCAC 58A .0104(d)) – Written consent is required by both parties should an agent wish to take on both buyer and seller in a real property transaction.

Property Disclosure Statement (§ 47E-4) – Sellers of real property must disclose property defects and other conditions to an interested buyer. A standard real property disclosure statement is provided by the North Carolina Real Estate Commission.

Search a Licensee – Perform a broker search using the North Carolina Real Estate Commission licensee database.