Open Listing Agreement for Real Estate Property

Hire a realtor to list your real estate property with this Open Listing Agreement template.

• The property owner gives the realtor a non-exclusive right to list the property for sale for a specified time period.
• The owner retains the right to sell the property directly, without paying commission, if the realtor does not locate a buyer.
• The owner also has the right to list the property with other realtors.
• If a deposit is forfeited by a buyer introduced by the realtor, the realtor can retain 50% of the deposit.
• Available in MS Word format and fully editable to fit your circumstances.
• This is a generic form that can be used in many locations.