Hey, what's going on everyone? It's Shawn Mitchell, a Denver real estate agent with Coldest Things. In this video, I want to talk about three key sections of the exclusive right to buy listing contract that will help you negotiate the best agreement possible between you and your buyer's agent. So, let's dive in. The reason why this contract should be important to you is because it defines the agreement between you and that buyer's agent, and probably more importantly, what the duties are of that buyer's agent to you. And I guess I should clarify that this is Colorado's exclusive right to buy listing contract. If you're watching this video from another state, it may vary, so just keep that in mind. Each state has their own variation of this contract. Now, the entire contract is important, and I would not rely solely on what this video highlights. So, if you have any questions, I would recommend talking to your buyer's agent or someone that you trust. They can give you specific insight into your questions about any other parts of this contract. The first section that I want to highlight is the listing period in 3.6. This basically is the contract term between you and that buyer's agent. It's the agreement that the two parties agree on to work exclusively together to buy a house. In most situations, it takes between three and six months for the typical buyer that I work with to find a house. So, I'll usually do a term length between three and six months. It is good to keep in mind, though, that some agents will ask for a longer duration. If you intend on negotiating a shorter time period from, let's say, three months, I would make sure and have a really good reason why you...
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Exclusive right to buy contract colorado Form: What You Should Know
If you purchased your unit in Colorado, there are some things that the seller must guarantee to be valid in their contract to sell, which includes exclusive right to buy. They must include the following: In the contract, the buyer will sign and indicate in bold letters that they will sign all contracts that include Exclusive Right to Buy. If the seller refuses to honor their contractual obligation to the buyer or the contract has no legal validity, they can claim the exclusivity of the buyer, or the contract fails to provide enough disclosures. They must then produce documentary evidence of the authenticity of the exclusive right to buy to the county court and seek reimbursement. Where to sell or buy in Colorado? There are a number of places where you can sell or buy in Colorado. You can find Colorado legal guidance on this topic here: Colorado Laws Relating to Specific Real Estate Transactions · Contract to Buy And Sell Real Estate — Real Estate Brokers in Colorado Residential Listing (Residential for Sale and For Lease) If you list your residential unit for sale online, you must use our Colorado Property Transfer Tax Form: Colorado Real Estate Brokers Broker Contract Forms Colorado Residential Sale Agreement If you are the listing agent responsible for the sale of your property, you must keep this agreement with the listing broker at all times in order to maintain the contract on file with the Real Estate Commission. Colorado Residential Sale Agreement Colorado Real Estate Broker Contract Forms Colorado Condominium Property Owner Agreement If you are a Colorado condominium owner, you must use Colorado Commercial Condominiums Broker Contract Forms. Colorado Condo Seller and Broker Contract Colorado Residential Lease / Rental Agreement If you are leasing or renting a real estate unit in Colorado, you must have a separate lease agreement with a Colorado broker. The Colorado Residential Lease and Rental Agreement must be signed by the seller(s), but do not have to be signed by any of the co-tenants to the residential unit, unless otherwise specified by the Denver Housing Bureau at any time.
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