Real estate transactions involve a lot of paperwork, but each document plays a vital role in protecting your interests and ensuring a smooth process. Here, we've outlined some of the essential documents you'll encounter when buying or selling a home. Understanding these forms can help you feel more confident and prepared at every step.
Exclusive Right to Buy Listing Agreement
This agreement gives your real estate agent exclusive rights to represent you in the home-buying process. It outlines the agent's responsibilities and your commitment to work exclusively with them for a specified period.
Contract to Buy & Sell Real Estate (Residential)
This is the main contract between a buyer and a seller outlining the terms and conditions of the property sale, including price, contingencies, and closing details.
Definition of Working Relationships
This document explains the different types of relationships you can have with a real estate agent, helping you understand their role, whether as a buyer’s agent, seller’s agent, or transaction broker.
Inspection Objection
If a home inspection reveals issues, this document allows the buyer to formally request repairs or other concessions from the seller before proceeding with the purchase.
Seller Property Disclosure
This form provides buyers with information about the property’s condition, as disclosed by the seller. It covers everything from structural issues to past repairs, helping buyers make informed decisions.
NAR: 179 Things Realtors Do
Here’s a look at all the things — big and small — that an agent who is a REALTOR® may do to help clients when buying and selling a home.
NAR: Additional 105 Things Agents Do
Here’s a look at all the things – big and small – that a REALTOR® may do to help clients when buying a home.