Horizon International Real Estate
OPEN LISTING REAL ESTATE AGREEMENT
1. This agreement signed on the ____day of________________ 20____, by and between
_______________________________(Owner) and Horizon International Real Estate hereinafter referred to as
Real Estate Broker who agree as follows:
2. Listing term. Owner lists the property described in Paragraph 3, with the Real Estate Broker for a period of
______________, from date hereof.
3. Description of Property. The property listed is located at:
4. Commission. The Owner agrees to pay the Real Estate Broker a commission to be added to the sale price indicated
below should the Broker find a purchaser ready, willing, and able to pay at least $___________________ for the
property or such other sum as may be accepted by Owner. Said commissions are payable upon closing.
5. Non-Exclusive. The Owner retains the right to sell the property directly on his or her own behalf with no sales
commission to broker, so long as the Broker did not find this purchaser. The Owner further has the right to list the
property with other brokers. If a sale is made within one year after this agreement terminates to parties found by the
Real Estate Broker during the term of this agreement, and wherein the buyer has been disclosed to the Owner, the
Owner shall pay the commission specified above.
6. Forfeit of Deposit. If a deposit of money is forfeited by a purchaser, produced by Broker, twenty-five (25) percent
shall be retained by the Broker, providing that this amount does not exceed the commission, and the remainder shall be
paid to the Owner.
7. Advertising. Owner grants permission to advertise the property (excepting sites currently being utilized by the
owner) at Broker’s discretion at no cost to the owner.
8. Signed and agreed to by:
_______________________________ ______________________________
Owner Date
_______________________________ ______________________________
Broker Date