Florida Flat Fee MLS Property Contract

Limited Service Listing Agreement

This Limited Service Listing Agreement ("Agreement") is between (Seller, Sellers ") and 398MLS.com ("Broker").

1. AUTHORITY TO LIST PROPERTY IN THE MLS:

Seller acknowledges that he/she wishes to sell the Property themselves as a For Sale By Owner (FSBO) and purchase a Flat Fee MLS Listing and marketing tools from 398MLS.com.
Therefore the obligations of 398MLS.com is limited to MLS data entry and the additional services outlined in Sellers selected listing package. Seller agrees to pay a one-time flat fee to 398MLS.com in exchange for said services.

Seller certifies that Seller is legally entitled to convey the Property and all improvements. This Property will be offered to any person without regard to race, color, religion, sex, handicap, familial status, national origin or any other factor protected by federal, state or local law beginning today and terminating in one year. Seller can renew this contract for no additional charges until sold with written notification.

  
2. DESCRIPTION OF PROPERTY:
a) Real Property Street Address:
b) Tax ID # if available (on your tax bill ):

3. PRICE AND TERMS: The property is offered for sale on the following terms, or on other terms acceptable to Seller:
a) Price: $
b) Financing Terms:  Cash   Conventional  VA  FHA   Other

4. BROKER OBLIGATIONS AND AUTHORITY:
a) Seller authorizes Broker to place the property in a multiple listing service (MLS), and to offer compensation to cooperating brokers.
b) Seller authorizes Broker to report to the MLS Association of Realtors this listing information and price, terms and financing information on any resulting sale. Seller authorizes Broker, the MLS and/or Association of Realtors to use, license or sell the active listing and sold data.
c) Broker shall act as a Non Representative to the Seller and is limited to performing the marketing services requested in the Flat Fee MLS package.


5. SELLER OBLIGATIONS:
:a) Seller shall indemnify Broker and hold Broker harmless from losses, damages, costs and expenses of any nature, including attorney's fees and from liability to any person that Broker incurs because of
(1) Seller's negligence, representations, misrepresentations, actions or inaction's,
(2) The use of a lock box,
(3) The existence of undisclosed material facts about the Property
(4) Seller shall make all legally required disclosures, including all facts that materially affect the Property's value and are not readily observable or known by the buyer. Seller represents there are no material facts (building code violations, pending code citations, unobservable defects, etc.) other than the following:
Seller will immediately inform Broker of any material facts that arise after signing this Agreement.

6. COMPENSATION:
Seller agrees to pay the Buyers agent's office ( % or set dollar amount ) commission at closing, should a realtor who participates in the MLS sell the Property. Seller can sell the property By Owner without the assistance of a broker and pay no additional fees.
 
7. ADDITIONAL TERMS:
Seller can cancel this agreement at any time without penalty.
Seller shall notify 398MLS.com if the status of the property changes within 24 Hours.
Other terms desired in legal contract, Please type below

NO BROKERAGE RELATIONSHIP NOTICE

As a real estate licensee who has no brokerage relationship with you, 398MLS.com and its associates owe to you the following duties:
1. Dealing honestly and fairly;
2. Seller understands that they are not being represented by the Broker.
3. Seller understands that the obligations of 398MLS.com is limited to MLS entry and the additional services outlined in Sellers selected listing package.

 
Seller Signature:

Telephone #: E-Mail
 
Seller Address:

Seller 2 Signature:
 
Telephone #: E-Mail

If you need a copy for your records, Please Print the Screen before submitting By Typing my Signature and sending it via the Internet, I acknowledge I have read, understand and agree to all terms and I understand that my Electronic Signature is the equivalent of a hand written Signature. I AGREE TO NOTIFY 398MLS.com OF ANY CHANGES TO THIS INFORMATION AND ANY STATUS CHANGES OF SAID PROPERTY WITHIN 24 HOURS.