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Exclusive Brokerage Listing Addendum To Exclusive Right To Sell Listing Contract Form. This is a Colorado form and can be use in Real Estate Statewide.
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Tags: Exclusive Brokerage Listing Addendum To Exclusive Right To Sell Listing Contract, EBA 53, Colorado Statewide, Real Estate
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The printed portions of this form, except differentiated additions, have been approved by the Colorado Real Estate Commission.
(EBA53-5-09) (Mandatory 7-09)
THIS FORM HAS IMPORTANT LEGAL CONSEQUENCES AND THE PARTIES SHOULD CONSULT LEGAL AND TAX OR
OTHER COUNSEL BEFORE SIGNING.
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EXCLUSIVE BROKERAGE LISTING ADDENDUM
TO
EXCLUSIVE RIGHT-TO-SELL LISTING CONTRACT
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Date:
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A.
ADDENDUM TO EXCLUSIVE RIGHT-TO-SELL LISTING CONTRACT. This Exclusive Brokerage Listing Addendum
(Addendum) is made part of that Exclusive Right-To-Sell Listing Contract dated
, (Seller Listing Contract),
between Seller and Brokerage Firm named below, for the property
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known as No.
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This Addendum shall control in the event of any conflict with the Seller Listing Contract to which it is attached.
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Street Address
B.
City
State
Zip
PROVISIONS AMENDED. The following provisions of the Seller Listing Contract are changed to read:
1.
AGREEMENT. Seller and Brokerage Firm enter into this exclusive, irrevocable contract (Seller Listing Contract) as of the date set
forth above. However, this Seller Listing Contract does not apply to a Sale of the Property to a buyer procured solely by Seller without the
assistance of Broker or any other person (Seller Sale).
7.
COMPENSATION TO BROKERAGE FIRM; COMPENSATION TO COOPERATIVE BROKER. Other than a Seller Sale,
Seller agrees that any Brokerage Firm compensation that is conditioned upon the Sale of the Property shall be earned by Brokerage Firm as
set forth herein without any discount or allowance for any efforts made by Seller or by any other person in connection with the Sale of the
Property.
7.1.
Amount. In consideration of the services to be performed by Broker, Seller agrees to pay Brokerage Firm as follows:
7.1.1.
Sale Commission. (1)
% of the gross purchase price, or (2)
,
in U.S. dollars.
7.1.2.
Lease Commission. If the box in § 3.5.2 is checked, Brokerage Firm shall be paid a fee equal to (1)
% of
the gross rent under the lease, or (2)
, in U.S. dollars, payable as follows:
.
7.2.
When Earned. Such commission shall be earned upon the occurrence of any of the following:
7.2.1.
Any Sale of the Property, except a Seller Sale, within the Listing Period, by Broker or by any other person;
7.2.2.
Broker finding a buyer who is ready, willing and able to complete the transaction as specified herein by Seller; or
7.2.3.
Any Sale of the Property, except a Seller Sale, within
calendar days subsequent to the expiration of the
Listing Period (Holdover Period) to anyone with whom Broker negotiated and whose name was submitted, in writing, to Seller by Broker
during the Listing Period (including any extensions thereof). However, Seller Shall Shall Not owe commission to Brokerage Firm
under this § 7.2.3 if a commission is earned by another licensed real estate brokerage firm acting pursuant to an exclusive agreement entered
into during the Holdover Period.
7.3.
When Applicable and Payable. The commission obligation shall apply to a Sale, other than a Seller Sale, made during the
Listing Period or any extension of such original or extended term. The commission described in § 7.1.1 shall be payable at the time of the
closing of the Sale as contemplated by § 7.2.1 or § 7.2.3, or upon fulfillment of § 7.2.2 where either the offer made by such buyer is defeated
by Seller or by the refusal or neglect of Seller to consummate the Sale as agreed upon.
7.4.
Other Compensation.
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10.
SELLER’S OBLIGATIONS TO BROKER; DISCLOSURES AND CONSENT.
10.1. Negotiations and Communication. Other than a Seller Sale, Seller agrees to conduct all negotiations for the Sale of the
Property only through Broker, and to refer to Broker all communications received in any form from real estate brokers, during the Listing
Period of this Seller Listing Contract.
C.
ADDITIONAL AMENDMENTS:
Brokerage Firm authorizes Broker to execute this Addendum on behalf of Brokerage Firm.
EBA53-5-09. EXCLUSIVE BROKERAGE LISTING ADDENDUM TO EXCLUSIVE
RIGHT-TO-SELL LISTING CONTRACT
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Date:
Date:
Seller’s Name:
Broker’s Name:
Seller’s Signature
Broker’s Signature
Brokerage Firm’s Name:
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EBA53-5-09. EXCLUSIVE BROKERAGE LISTING ADDENDUM TO EXCLUSIVE
RIGHT-TO-SELL LISTING CONTRACT
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