Real Estate Listing Agreement Modification

--- ## Page 1 ### Modification to Listing Agreement **kw** **KELLERWILLIAMS.** **REALTY · ST. PETE** ________________________________________________________ ("Owner") or ("Seller") and brokerage ______________________________________________________ ("Broker") agree to amend Florida Association of Realtors® **(Check one)** ☐Exclusive Right of Sale Listing Agreement, ☐Exclusive Brokerage Listing Agreement, or ☐Exclusive Right to Lease Listing Agreement, regarding the Property described as: ________________________________________________________________________________ By use of this form, the parties agree to add the following language to all Listing Agreements where it is not already included: **Brokerage commissions are not set by law and are fully negotiable.** **(Check as applicable)** - ☐ The Termination Date will be _______________________. - ☐ The price and terms will be __________________________________________________________ ________________________________________________________________________________ - ☐ Compensation to Broker will be: - (a) ______% of total purchase price plus $________________ OR $__________________. - (b) ______% of gross value of the lease; ______% of the first month's rent; OR $__________________. - ☐ Seller authorizes compensation to buyer's broker as follows: - (a) ______% of total purchase price OR $__________________ paid by Broker. - (b) ______% of total purchase price OR $__________________ paid by Seller. - (c) ☐ check here if Seller does not authorize compensation to buyer's broker. **Brokerage commissions are not set by law and are fully negotiable.** - ☐ Compensation to tenant's/consumer's broker will be: _____ % of the gross value of the lease; _____ % of the first month's rent; or $__________________. - ☐ Compensation is owed to Broker if Property is transferred within ______ days after Termination Date. - ☐ Check to add the following to a Listing Agreement dated prior to March 31, 2024: **The National Association of REALTORS® proposed settlement prohibits any requirements conditioning participation in a REALTOR® MLS on offering or accepting offers of compensation to buyer/consumer brokers or other buyer/consumer representatives; accordingly any reference to a requirement that compensation be offered in order to list the Property on an MLS is hereby deleted.** - ☐ Fee to Broker if deposit is retained by Owner/Seller will be ______% of deposit. - ☐ Leasing fee to Broker will be $__________________. - ☐ Cancellation fee to Broker will be $__________________. - ☐ The parties agree to conditionally terminate the Agreement. Consumer will pay the agreed upon cancellation fee and the conditional termination date will be _________________________. - ☐ Broker and Owner/Seller hereby agree to unconditionally terminate the Agreement. Owner/Seller agrees to reimburse Broker for all direct expenses incurred in marketing the Property. Broker and Owner/Seller mutually release each other from all obligations under the Agreement and release each other from any and all claims and actions arising from or related to the Agreement. - ☐ Other: _______________________________________________________________________________ --- MLA-6 Rev 8/24 Serial#: 024768-900172-5571876 ©2024 Florida Realtors® Form Simplicity --- ## Page 2 _________________________________ _________________________________ This Modification to Listing Agreement amends the above-referenced Agreement between Owner/Seller and Broker. All other non-conflicting provisions of that Agreement remain in full force and effect. **Owner/Seller:** _________________________________ **Date:** _______________________ **Owner/Seller:** _________________________________ **Date:** _______________________ **Broker or Authorized Sales Associate:** _________________________________ **Date:** _______________________ Copy returned to Owner/Seller on ___________________ by ☐ email ☐ text attachment ☐ mail ☐ personal delivery. --- MLA-6 Rev 8/24 Serial#: 024768-900172-5571876 ©2024 Florida Realtors® Form Simplicity