Use This Simple Real Estate Agency Agreement Template
Are you planning to sell your property via a real estate agent on an exclusive basis? Then consider drafting an agreement that explicitly states your ownership and that you agree to sell it through the real estate agency of your choosing.
This real estate agency agreement template serves as proof that two or more parties have agreed to an arrangement involving the sale of a property. It outlines the responsibilities of each party, from the payment terms to the duties and obligations each must uphold in their dealings. This agreement also includes clauses for cancellation, remedies for breach of contract, and much more.
This real estate agent contract is straightforward to use, making it an excellent choice for those looking to quickly get their real estate sales agreement in order. With this document, you can rest assured that all parties involved have a clear understanding of their obligations and that the sale will be conducted in a professional and orderly manner.
Entering a Real Estate Agent Agreement
Selling a property without going through a trusted real estate sales agent can be a daunting task. That’s why it’s essential to ensure you enter into a real estate agency agreement that outlines the full details of your arrangement.
To begin, you’ll need to decide which type of real estate agency agreement is right for you and your situation. Generally speaking, there are two primary types: exclusive and non-exclusive agreements.
An exclusive buyer agency agreement requires that you sell your property exclusively through the agent in question, while a non-exclusive agency agreement allows you to sell with multiple agents.
Once you’ve decided which type of agreement fits your needs, then you can proceed with creating your real estate agency agreement.
If you’d like to get started with an exclusive agreement, simply fill out the information in the document fields, and sign accordingly. While this template is ready to go, it is also advised that you get the assistance of a lawyer or legal professional to ensure that your agreement is airtight and enforceable.
For non-exclusive arrangements, you’ll need to create separate real estate agency contract agreements for each agent you plan on using for your real estate transactions. You may also wish to consult a legal representative here as well.
Contents of a Real Estate Buyer Agency Agreement
Regardless of the type of agreement you choose, it is important to include certain elements in your document. This real estate agents’ agreement template contains all of the necessary information – just fill out the provided fields with your own details.
At a minimum, your real estate agency agreement should include:
The name of each party involved
Address of the property being sold and address of the real estate agency
Responsibilities of the client and the agency
The purchase price
The agent’s commission rate
Any additional fees or conditions of sale
Cancelation clauses, remedies for breach of contract, etc.
This statement should explain that all parties involved will abide by the laws and regulations of their jurisdiction regarding the sale of property and will not participate in any activity that discriminates against potential buyers or sellers on the basis of race, color, national origin, religion, sex, familial status, or disability.
Listing agreements
Listing contracts are between the seller and the real estate agency, and they outline the duties and responsibilities of both parties. This includes things such as listing details, marketing strategies, commission rates, duration of agreement, and other key elements related to selling a property.
Real estate agent agreements are important documents that outline the details of a partnership between a real estate agent and a property seller. It establishes the rights, responsibilities, and expectations of both parties throughout the process of selling a property.
Also called a buyer representation agreement, a buyer’s agency agreement is a document that outlines the terms of the relationship between a potential property buyer and the buyer’s agent.
The exclusive right to sell or lease listing agreement grants a broker the exclusive rights to market and find a buyer or tenant for a particular property.
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