What is an Authority to Sell? | Authority To Sell Explained

[@subzero1524]

Hello po. May pinirmahan kaming ATS sa isang agent, no expiry.. after 3months wala pa din syang balita re sa property. Now may isang agent with sure buyer na talagang intersted. Ask ko lang if magkakaproblema po ba kami dun sa unang agent na may pirma kami sa ATS?

[@RealEstateAlexZeta]

Hi. It depends if the Authority to Sell you signed was exclusive or non exclusive. If not exclusive, then you can have multiple agents represent you.

[@gemrenmadelo-propertyinbut7375]

I have a question. What if in a subdivision a seller wanted to sell his/her 3 lots which is block 1 lot 1-3. Does it okay to have 1 ATS only?

[@RealEstateAlexZeta]

Yes. You can put all the details of the properties in 1 Authority to Sell

[@jayblue5614]

Very informative video mam. I like po yung ats niyo. Pwede po ako mam makahingi draft ng ats niyo po if okay lang?hehe. Broker din po ako. Planning din po ako ngayon for general brokerage. thank you po.

[@RogelioCanja]

Hi maam, magkano nman po ang magagastos sa pag papagawa nang authority to sell?thanks po.

[@RealEstateAlexZeta]

Hi, it is free.

[@faimoureneluis5777]

Hello!🤗 Our broker asking for our ID and he said that it is needed for authority to sell. Is it necessary to give my ID to get the authority to sell (ATS) from him? Thank you for your answer! God bless 🤗

[@RealEstateAlexZeta]

Hi! Its not necessary, unless he just wants to confirm your identity. Perhaps you can give him a copy of your title instead.

[@pacificoiiilumauag7791]

Maam paano if naka sign ako ng ATS sa agent mismo ng company nila but i changed my mind ibenta ko na lang sa ibang company dahil parang ang baba ng presyong gusto nila magkaka problema po ba ako? Tnx po

[@RealEstateAlexZeta]

Hi! you can reach out to the agent and discuss with them on the price that you want.

[@soniadavid5342]

Hello and good evening mam, we signed up an ATS sa "broker" referred to us by a trusted friend. Pinirmahan po namin ang ats para mag move na ang negotiation nya sa prospect buyer nya. Pero Hindi nya na discuss samin na nag mark up sya sa presyo ng lupa. Pwed po ba sya mag mark up ng presyo without informing us?

[@RealEstateAlexZeta]

Hi Sonia. The terms should be specified in the Authority to Sell. The standard brokers fee is 5% of the total contract price. Although sellers may give more but thats their prerogative. Marking up is considered unethical in our profession since we already have a standard brokers fee. Whatever the market price is, the broker should discuss it first with the sellers.

[@tienzie9336]

hi ma'am, thanks for the info nag like and subscribe na ako. also ma'am, may tanong po ako tungkol as ATS when it comes to payment. pag nabenta na po yung property ni agent/broker, sa kanya po ba ibibigay ni buyer yung bayad? or si seller lang po yung may right para ma-receive ang payment? in short, kanino po ibibigay dapat ni buyer ang payment? pasensya na po sa tanong ko, I just want to be safe... salamat po

[@RealEstateAlexZeta]

Hi, all payments made by the buyer should go directly to the seller or their atty-in-fact. The seller can then give the broker their brokers fee.

[@tienzie9336]

maraming salamat po ma'am

[@carolinaquinones9351]

Hi Maam, I know somebody who wanted to sell our property and not licensed agent and was asking for ATS

[@RealEstateAlexZeta]

Hi Carolina. As per the real estate service act (RESA), only licensed real estate brokers/agents can practice selling of real estate.

[@yuancorpuz3114]

Exclusive ATS Ang napirmahan Namin pero sa ibang ahenti na walang license Ang nakabenta pano po Yan? May penalty ba kaming babayaran sa license broker sa exclusive ATS na napirmahan Namin? Salamat sa sagot at GOD BLESS PO..

[@RealEstateAlexZeta]

Hi Yuan. If you signed an exclusive ATS, you’re supposed to give the listing agent the commission regardless of sold the property. Thats the usual premise of exclusive ATS. Otherwise, you can sign a non-exclusive ATS next time.

[@pacificoiiilumauag7791]

Good day maam just asking paano po if exclusive ATS na sign ko pero nakalagay lang na may commission lang sila Kung sa company lang nila maibenta pero ang property ko ay naibenta naman ng ibang agents sa ibang company may habol pa Kaya Yung hindi nakabenta sa company nila?

[@homemade4519]

hi po, kung exclusive ATS po at hindi naibenta ni broker un property on the timeline, do they have any fees? i mean do we need to pay them for marketing etc even if hindi nila nabenta?

[@RealEstateAlexZeta]

Hi. Usually brokers are paid on commission, which is released once property is sold.

[@yuancorpuz3114]

Pano po Yan pag Hindi nabenta ni broker Ang property within 6mos? Tapos exclusive ATS Ang napirmahan Ng may Ari Ng property? at ASAP Ang panganga ilangan nya Ng Pera.. Thanks sa sagot

[@RealEstateAlexZeta]

Hi, it depends sa content ng ATS. Usually if it is an exclusive ATS the broker who has the exclusivity has the right on the commission given na wlang license ang nkabenta.

[@yuancorpuz3114]

@@RealEstateAlexZeta salamat po ma'am.. parking tulong to samin.. mabuhay and God bless po.

[@chillax9184]

@@RealEstateAlexZeta hi may I ask po what if it’s silent? There’s no stated writing if it’s exclusive or non exclusive. Also, does an ATS having a hold over clause has an expiration date to its validity?

[@flasmarias]

Can the buyer ask for a copy of the ATS?

[@RealEstateAlexZeta]

Yes you can get a copy of the Authority to Sell

[@melvinflores8957]

Hi ma'am. I know a buyer of a 3 hectares of raw land pero hindi po ako broker/real estate practitioner. Can I still ask the owner/seller for an ATS parin po?

[@RealEstateAlexZeta]

Hi Melvin. You need be a licensed real estate agent or broker to sell property. There is also penalties in RESA for practicing real estate without a license. 200k fine and up to 2 years imprisonment. I suggest you get a license if you want to practice as it’s not hard to do so. You can check out the process here - kzbin.info/www/bejne/fKDdeIapjc6Bb5I

[@ronelmarasigan2078]

Hi mam🙂 may i ask po if nagpapaacredit ka ng Salesperson to be honest mam gusto p0 Sana kita maging broker if pwde po magrerenew po kasi ako accreditation sa PRC and sa DHLSUD this week. may plan po kasi ako itransact na mga private listing din parang confedent po ako sayo 😅 Thank you mam.🙂

[@RealEstateAlexZeta]

Hi Ronel. We’re currently looking for people to join our team. Please send me your CV at [e-mail].

[@lexterpalting1126]

Question mam: what if an exclusive ats is issued in favor of X but it has been 6 months and X is yet to sell the property as he promised. Here comes Y another broker who found a sure buyer. Can X demand that he be paid commission fee although it was not him who closed the deal with the buyer? thank you po.

[@RealEstateAlexZeta]

Hi Lexter. What’s the timeline of the exclusive ATS? If the property was sold within that timeline, you should get a 50-50 split with the broker who bought the buyer.

[@lexterpalting1126]

@@RealEstateAlexZeta that they are the sole brokers until revoked. Can the owner revoke the ats anytime especially in this instance that the agents have not been successful selling the property within reasonable time?

[@lexterpalting1126]

@@RealEstateAlexZeta thank you soooo much!

[@RealEstateAlexZeta]

@@lexterpalting1126 usually the ATS has a timeline. If there is no timeline, you may request for it to be revoked.

[@billyjheydeleon3911]

Hi ma'am, May property ako na hawak. Ok lang ba maging broker ka.

[@RealEstateAlexZeta]

Hi Sir, yes. Please send me an email to [e-mail] or contact me at 0917-851-2752 so we can discuss the details. Thanks!

[@ronalynsalvador8559]

hi po may gusto po magbenta ng lupa namin sa amin po siya humihingi ng ats.

[@RealEstateAlexZeta]

You can make a simple Authority to Sell for this purpose.