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The following is a brief summer of forms associated with Listing Your House Exclusive Right to Sell/Rent: When you put your house up for ale, it is called "listing." That is because your Incredible Real Estate Agent lists the property on the open market or in the Multiple Listing Service (MLS) so your house can be exposed to the widest range of buyers. To do this, you employ the Incredible Real Estate Agent to market your house by signing a contract. Exclusive Right to Sell/Rent. The agreement contains: the length of time the agreement is to be in effect; the address and legal description of your property; the asking price the compensation to the broker; and various other terms. Arizona Regional Multiple Listing Service, Inc. Residential Profile Sheet: This is the property information that will be used to input your listing in the MLS. Residential Seller's Property Disclosure Statement (SPDS) - (To Be Completed By Seller): Sellers are obligated by law to disclose all known material facts about the property to the Buyer. The SPDS is designed to assist you in making the disclosures. If you know something about the property that is important and is not addressed on the SPDS, add that information to the form. Prospective buyers may rely on the information you provide. Real Estate Agency Disclosure and Election: Before a Seller or a Buyer enters into a discussion with a real estate broker or broker's salesperson, the Seller and the Buyer should have an understanding of the type of agency relationship or representation they will have with the Broker in the transaction. Consent to Limited Representation Agreement ("Consent"): "Consent" gives the Broker in this transaction, together with the Broker's licensees collectively referred to as "Broker," the authorization to represent both Seller and Buyer in this transaction.
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