Legal Question in Real Estate Law in Arizona

Re: form or contract use

Are you a licensed realtor? If so, a written agreement stating exactly what you will do, and how you will be paid is crucial. This is not something you can waltz into a stationary store or go online and find a "form."

Be careful of using a written power of attorney for this function. State laws have serious limitations on the agent, and impose strict requirements and penalties if not used properly. Many people act like loose canons when they have power of attorney, thinking they can do anything they want. Not so.

What you really have here is an employment as a consultant agreement, and if you are not licensed, you will work through licensed brokers. As a consultant, you can be paid a fee. Make sure your agreement is in writing. I bet you will have a hard time drafting it on your own; it will be a challenge for an attorney to get it right. You should consult with one. If it is not economically worth while to see an attorney, you might want to move on to another project.

Good luck,

James D. Jenkins

Re: form or contract use

You may need a real estate license and mortgage broker's license in order to get a fee for the services you describe. You could act under an agency agreement, but I do not know of any forms.