Moeller Realty Inc.
1008 NW 13th Street/Gainesville, FL 32601
Office: 352-376-4471/Toll Free: 1-800-768-0833
/Fax: 352-377-4004

Addendum To GAINESVILLE MULTIPLE LISTING
EXCLUSIVE RIGHT OF SALE LISTING AGREEMENT

This Agreement made and entered into this ______ day of __________________ 2007 by and between ____________________________________________________________________________ (SELLER) and Moeller Realty Inc. (Transaction Broker) for the Property at __________________________________________________________________________ (address) located in Alachua County, Florida. Transaction Broker will list the Property in the Gainesville Multiple Listing, Inc. (“GML”) for a period of six (6) months from the date of this Agreement unless sooner terminated as herein provided or if the Property is sold, whichever comes first.

A. UNDERSTANDING OF SELLER. (Except as otherwise provided in this Agreement)

1. All written offers through a real estate broker member of the GML (Cooperating Broker) will be delivered to Transaction Broker, who will present offer to SELLER. SELLER will not deal directly with Cooperation Broker/Agent.

2. All deposit monies will be held by the Cooperating Broker if an offer is accepted by SELLER.

3. For finding a BUYER ready, willing and able to purchase the above described property, SELLER agrees to pay Transaction Broker a compensation of 3.0% of the total purchase price, on the terms herein mentioned, or at any price and upon terms acceptable to SELLER, whether the BUYER be secured by Transaction Broker or SELLER, or by ANY OTHER PERSON, or if the property is afterwards sold within 2 months from the termination of this agreement, or any written extension thereof signed by the Transaction Broker and the SELLER ("The Protection Period") to any person to whom the Property has been shown by the Transaction Broker or his representatives or by Cooperating Brokers, or by the SELLER, or by ANY OTHER PERSON; provided, nevertheless, that the Transaction Broker shall not receive a commission on such a subsequent sale if the SELLER has re-listed the property with another Licensed Real Estate Broker. Under no circumstances will SELLER be required to pay more than one 3.0% real estate compensation/commission, which is the same 3.0% compensation referred to throughout this listing agreement.

4. The entire amount of the compensation offered through GML by Transaction Broker to Cooperating Broker member of GML shall be the sole obligation of SELLER and shall be paid in full to Cooperating Broker by SELLER on behalf of Transaction Broker at the time of settlement and shall not be deducted from or reduced by any fees previously paid to Transaction Broker.

5. SELLER acknowledges that Transaction Broker and Transaction Broker's agent may not have viewed or investigated the Property, and therefore, Transaction Broker shall not be liable for any incorrect information or data as provided by SELLER and entered into GML by Transaction Broker based upon information as provided by SELLER.

6. SELLER agrees to disclose in writing through GML and to any Cooperating Broker or agent, as well as to any prospective BUYER, all material facts relative to the sale of the Property and any defects in the Property, including, but not limited to, structural damage, fire damage, leaking roof, faulty furnace, termite infestation (past or present), and all other such conditions of which SELLER has actual knowledge. In order to disclose such information regarding the condition of the Property, SELLER agrees to complete and provide to any BUYER who submits a written offer to purchase the Property, a Property Condition Disclosure Statement and, if required, a Lead Based Paint Disclosure form, as provided by the Transaction Broker.

7. SELLER shall indemnify and hold Transaction Broker and Transaction Broker's agents, officers, directors and stockholders, harmless from any and all liability and costs, including reasonable attorney's fees, in connection with the marketing and sale of the Property including, but not limited to, any misrepresentation made by SELLER as to the condition of the Property. SELLER shall be solely and exclusively liable for any alleged or actual damages or losses incurred by SELLER or any BUYER during, after or resulting from the sale of the Property.

8. SELLER agrees that Transaction Broker shall not be liable for any loss or damage resulting from the use of a lockbox or key safe. Transaction Broker recommends that SELLER remove or safeguard personal valuables while the lockbox is in use. If SELLER uses lockbox, he agrees that lockbox will remain on premises until closing and agrees that Transaction Broker has recommended that SELLER make spare keys and will not provide the service of retrieving key in lockbox in case SELLER is locked out of premises.

9. SELLER agrees to refer immediately to Transaction Broker (and to no other Broker) all inquiries from potential buyers regarding purchasing the Property.

10. Florida law requires SELLER to include Transaction Broker's name (“Moeller Realty Inc.”) and phone number (352-376-4471) in all written advertisements and signs. SELLER agrees that Transaction Broker will be the only contact in all advertising.

11. Upon signing a Contract of Sale with a BUYER, SELLER shall immediately deliver a copy of the Contract of Sale to the office of Transaction Broker (delivery may be by fax: 352-377-4004). SELLER further agrees to notify Transaction Broker of any change in the settlement date. Upon closing of the sale, SELLER shall immediately deliver to Transaction Broker a copy of the closing statement as well the final version of the sales contract, including any addendums and disclosures.

12. SELLER may withdraw Property from GML by notifying Transaction Broker in writing.

13. Any changes to the description, price, and terms in the listing shall be made in writing and signed by the SELLER.

14. SELLER shall offer the Property for sale without regard to race, color, sex, religion, national origin, physical or mental handicap, familial status, marital status or other protected classes under applicable federal, Florida and local fair housing laws.

B. UNDERSTANDING OF TRANSACTION BROKER. (Except as otherwise provided in this Agreement)

The listing price of the Property shall be $ ________________________.00).

1. During the term of this Agreement, Transaction Broker will promote the sale of the Property through the GML and the Internet World Wide Web; and SELLER hereby expressly authorizes Transaction Broker to promote the Property through the Internet, including in the following web sites: WWW.REALESTATEINGAINESVILLE.COM and WWW.REALTOR.COM.

2. Transaction Broker hereby acknowledges the receipt from SELLER, the sum of Three Hundred Ninety Dollars ($390.00): "the Brokerage Fee". The Brokerage Fee paid by SELLER to Transaction Broker represents payment in full for the Transaction Broker having placed the initial information into the GML, except for SELLER's obligation to pay additional compensation to Cooperating Broker member of GML--which may be Transaction Broker--in the event of the sale of the Property, in the amount of 3.0% of the purchase price.

3. The $390 Brokerage Fee is also compensation for Transaction Broker making two trips to the property: to provide a Moeller Realty real estate sign and a lock box for Property (if SELLER requests lock box) on the first trip and to remove sign and lockbox after the closing or after termination of the listing. Seller agrees that Transaction Broker will not be required to make any other trips to the property for any reason.

C. TERMINATION.

SELLER may terminate this Contract upon providing a ten (10) days written notice to Transaction Broker, except in the event that an agreement for the sale of the Property has been executed involving the Transaction Broker or a Cooperating Broker, in which case SELLER may not terminate this Contract.

D. CONFLICT.

In the event of a conflict between the above GML Transaction Broker Contract and this Addendum thereto, the terms and conditions of this Addendum shall govern.

 

BROKER:           Moeller Realty Inc.                                   SELLER: __________________________

 

By: ______________________________                               SELLER: __________________________

               Thomas M. Leinbaugh

 

Date: ___________________________                                                 SELLER: __________________________