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1. Parties: Identifies the property owner (Seller) and the licensed real estate agent/agency (Agent), including full legal names, addresses, and registration details
2. Background: Brief context explaining the Seller's intention to sell the property and appoint the Agent as exclusive listing agent
3. Definitions: Defines key terms used throughout the agreement, including 'Exclusive Period', 'Property', 'Listing Price', 'Commission', etc.
4. Appointment and Scope: Details the exclusive appointment of the Agent and the specific services to be provided
5. Property Details: Complete description of the property being listed, including legal description, title information, and any encumbrances
6. Listing Price and Commission: Specifies the agreed listing price and the Agent's commission structure, including when and how it becomes payable
7. Duration of Agreement: Specifies the length of the exclusive listing period and any extension provisions
8. Agent's Obligations: Comprehensive list of the Agent's duties, responsibilities, and service commitments
9. Seller's Obligations: Details the Seller's responsibilities, including providing accurate information and property access
10. Marketing Authorization: Specifies the approved marketing methods and authorizations for property promotion
11. Termination: Conditions under which the agreement can be terminated by either party
12. Governing Law and Jurisdiction: Specifies that Nigerian law governs the agreement and establishes jurisdiction for disputes
1. Protection Period: Used when the parties want to specify a period after termination during which the Agent remains entitled to commission for specific prospects
2. Multiple Listing Service: Include when the property will be listed on MLS platforms, specifying terms of such listings
3. Virtual Tours and Digital Marketing: Include when specific digital marketing strategies and virtual showings are part of the service
4. Property Management: Include when the Agent will also provide property management services during the listing period
5. International Marketing: Include when the property will be marketed to international buyers, specifying additional services and requirements
6. Dual Agency: Include when the Agent may potentially represent both seller and buyer
7. Force Majeure: Include to address unforeseen circumstances that may affect the performance of the agreement
1. Schedule 1: Property Details: Detailed description of the property, including lot size, building specifications, and amenities
2. Schedule 2: Marketing Plan: Comprehensive marketing strategy and timeline
3. Schedule 3: Commission Structure: Detailed breakdown of commission rates, including any sliding scales or special circumstances
4. Schedule 4: Property Documents: List of all property-related documents provided by the Seller
5. Appendix A: Property Photographs: Official photographs of the property approved for marketing use
6. Appendix B: Agent's License and Credentials: Copies of the Agent's professional licenses and certifications
Real Estate
Property Development
Construction
Legal Services
Property Management
Commercial Property
Residential Property
Land Development
Real Estate Investment
Property Consulting
Legal
Real Estate
Sales
Business Development
Compliance
Property Management
Contracts Administration
Marketing
Client Relations
Documentation
Real Estate Agent
Property Manager
Legal Counsel
Estate Surveyor
Property Valuer
Sales Director
Business Development Manager
Real Estate Broker
Property Consultant
Contracts Manager
Real Estate Partner
Property Sales Manager
Compliance Officer
Real Estate Transaction Coordinator
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