Addendum to Exclusive Right to Sell Listing Agreement & Agency Disclosure (Short Sale)
March 19, 2010
The listing agent should use this form as an addendum to the Exclusive Right to Sell Listing Agreement for a short sale transaction. It is designed to educate the seller about the consequences of participating in a short sale. It discusses important topics such as tax and legal issues, credit rating issues, the possibility of foreclosure, and other important information. It is also designed to protect the REALTOR®.