I'M NOT SURE

Key Terms Listing Agreement Materials An agent has a fiduciary duty to act in the principal's best interest. Exclusive Right to Sell Quinn This agreement is made this 7th day of June, 2019, between Arman and Daria Farahmand, henceforth known as This listing agreement created an agency relationship with Arman and Daria as the principals and Norman 'Owners," and Norman Clarke, henceforth known as "Agent," and refers to the property located at 1707 Highland as their agent. Norman had a fiduciary duty to act in Avenue, Bristol, Wisconsin, 53104. Quinn your best interest. I think that the term "fiduciary duty" includes other Owners and Agent agree to the following terms: responsibilities, like the: Agent will have exclusive rights to list this property until December 7, 2019. Agent will list the property for no less than $364,000, and the minimum selling price shall be $360,000. Select all that apply, then click Submit below Agent is authorized to accept and hold a deposit for the sale of the property in the amount of 2% of the purchase duty of commingling. price. duty of loyalty. Agent will receive a commission of five percent of the sales price of the property, payable for the duration of this duty of care. agreement. This commission applies even if Owners manage to sell the property on their own. Commission shall duty of self-dealing. also be payable should Owners come to an agreement within 15 days of the expiration of this agreement, provided that the Agent had been negotiation with the purchaser prior to this agreement's expiration. duty of obedience. duty of disclosure. Agent accepts this listing and agrees to act quickly and efficiently to locate a buyer and finalize a sale