Updated on November 4th, 2021
A Montana real estate listing agreement is a written statement wherein a seller of residential property approves the listing and selling of their property by a real estate broker. The agent’s duties involve marketing the property via the platforms decided on by the owner, receiving visitors during in-person showings, and negotiating the best possible sale price with potential customers.
If the broker successfully negotiates a transaction deal, they will receive the commission fee stated in the listing agreement, which may either be a flat rate or a percentage of the property value.
- Laws – § 37-51-313(10)
- Dual Agency (§ 37-51-314(5), § 37-51-314(6)(b)) – A dual agency requires mutual consent from all parties involved in the transaction.
- Purchase Agreement – A purchase agreement allows an individual to propose an offer on a residential property and, if accepted by the property seller, acquire its ownership rights.
Contents |
Disclosures / Waivers (2) |
Download: PDF |
Download: PDF |