One Time Showing Agreement Form PDF Details

Entering into a One Time Showing Agreement is a significant step for both sellers and buyers within the real estate market, especially in territories governed by specific regulations like those set by the Kentucky Real Estate Commission. This type of agreement is distinct from a traditional listing contract, emphasizing its unique nature and purpose. Primarily, it enables a seller to agree to pay a broker a predetermined commission for facilitating the sale of a residential property to a specific buyer within a designated timeframe, known as the "protection period". The terms clearly outline the commission percentage or fixed dollar amount payable following the successful sale to the identified buyer(s). Additionally, it clarifies the role of the broker as representing the buyer solely, leaving the seller unrepresented in this scenario. This agreement is tightly scoped, limiting the broker's authorization to show the property exclusively to the agreed-upon buyer(s) and not extending the obligation to pay a commission beyond this transaction. Critical to the process, sellers must acknowledge the receipt of the Consumer Guide to Agency Relationships, complying with the Kentucky Real Estate Commission's regulations, and complete a Seller Disclosure of Property Condition as mandated. This document underlines the importance of understanding all legal obligations and suggests consulting with legal counsel if there are uncertainties about the terms, enshrining the agreement as a cautiously framed, legally binding contract designed to protect the interests of all parties involved.

QuestionAnswer
Form NameOne Time Showing Agreement Form
Form Length1 pages
Fillable?No
Fillable fields0
Avg. time to fill out15 sec
Other namesone time showing, one time agreement, showing agreement, one time showing agreement

Form Preview Example

RESIDENTIAL ONE-TIME SHOWING AGREEMENT

APPROVED BY THE KENTUCKY REAL ESTATE COMMISSION This is a legally binding contract. If you do not understand any of the terms contained herein, please consult legal counsel.

This is NOT a listing contract.

PROPERTY ADDRESS: _________________________________________________________

SELLER(S): ___________________________________________________________________

BUYER(S):____________________________________________________________________

The undersigned Seller(s) agree(s) to pay to the undersigned Broker, a commission in an amount equal to

___________________% of the sales price or ______________ dollars for the sale of the above-

described property between _______________, 20___ at __________ o’clock a.m./p.m.,

and_______________, 20___ at _____________ o’clock a.m./p.m., which period is referred to as the

“protection period”.

The Seller(s)’s asking price for the property will be $______________________________________.

Both parties understand that Broker is representing the Buyer as a Buyer’s agent only, and the Seller is unrepresented.

This agreement does not authorize Broker to show the property to any other prospective buyers, nor obligate Seller(s) to pay a commission to Broker, except in connection with a sale of the property to this/these Buyer(s).

Seller acknowledges receipt of the Consumer Guide to Agency Relationships as required by the Kentucky Real Estate Commission and agrees to complete a Seller Disclosure of Property Condition as required by KRS 324.360.

SELLER(S):

BROKER:

_________________________________

___________________________________

_________________________________

___________________________________

DATE: ____________ TIME: _______

DATE:______________TIME: ________

REV. 9-08

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This PDF form will need particular details to be filled out, therefore you must take some time to enter what's requested:

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Simple tips to fill out one time showing agreement texas portion 1

2. Now that this array of fields is finished, you're ready include the essential details in SELLERS, BROKER, DATE TIME, DATETIME, and Rev so you're able to proceed further.

BROKER, DATE  TIME, and Rev in one time showing agreement texas

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