UNREPRESENTED SELLER DISCLOSURE AND FEE AGREEMENT
(Selling Agent Represents the Buyer)

This Agreement is entered into on (Date)_________________ , by and between _______________________________________________________ "Owner(s)”,and __________________________________________________________________________________ (Firm Name) _________________________________________________________________________________________ (Associate) as “Broker”

RECITALS:
A. Owner is the owner/seller of property commonly know as ______________________

________________________________________________________ (the “Property”).

B. Owner is  endeavoring to sell the Property without the assistance of a licensed real estate agent; however, Broker has a Buyer/Client,
who would like to see the Property.
C. If Owner sells the Property to Broker's Buyer/Client, Owner agrees to pay Broker a fee of ______________________________.
.
D. THE AGENT SHALL CONDUCT ALL BROKERAGE ACTIVITIES IN REGARD TO THIS AGREEMENT WITHOUT RESPECT TO THE RACE, COLOR, RELIGION, SEX, NATIONAL ORIGIN, HANDICAP OR FAMILIAL STATUS OF ANY PARTY OR PROSPECTIVE PARTY TO THE AGREEMENT.
Accordingly, the parties agree as follows:

  1. FEE. If Owner enters into a contract to sell the Property to Broker's Buyer/Client at any time within ________________ from the date of Owner's signing this Agreement, Owner shall pay the fee to the Broker at closing. HOWEVER, if, prior to the expiration of this Agreement, Owner enters into a valid listing agreement with another real estate firm, Owner shall NOT be obligated to pay such fee if the listing firm offers compensation to Broker through a multiple listing service or otherwise.
  2.  BUYER AGENCY.  Owner acknowledges that Broker is the agent representing Buyer/Client with respect to the Property. As the agent of Buyer/Client, the Broker has the duty to act on behalf of the Buyer/Client, and will not be acting on behalf of Owner. This duty requires that all information regarding this transaction given to the Broker by Owner be disclosed to Buyer/Client.  For example, if Owner discloses to Broker that Owner is compelled by outside circumstances to sell by a certain date, or that Owner is prepared to lower the price, the Broker would be required to disclose this information to Buyer/Client.  Please keep this in mind when communicating with Broker.  By signing this Agreement, Owner acknowledges that this Buyer/Client agency relationship has been previously orally disclosed to Owner when Broker first discussed an appointment to show Property to Buyer/Client.

 

DO NOT SIGN THIS FORM UNTIL YOU HAVE RECEIVED AND READ THE
"WORKING WITH REAL ESTATE AGENTS" BROCHURE

Owner and Broker each acknowledge receipt of a signed copy of this document.
THE NORTH CAROLINA ASSOCIATION OF REALTORS®, INC. MAKES NO REPRESENTATION AS TO THE LEGAL VALIDITY OR ADEQUACY OF ANY PROVISION OF THIS FORM IN ANY SPECIFIC TRANSACTION.


OWNER(S):

BROKER (FIRM):

 

 

 

By: _______________________________________________

Date:

Date:

 

Page 1 of 1

11STANDARD FORM 150
North Carolina Association of REALTORS ®, Inc.
© 7/2006

 

The following forms are some of the legal forms that are used in NC to sell a house.

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Greg Cremia
Terry Rush Cremia
Broker/Owners
Shore Realty
800-647-1868
e-mail
PO Box 1977
Nags Head, NC 27959