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Real Estate Agent Contract With Seller for Pakistan

Real Estate Agent Contract With Seller Template for Pakistan

A comprehensive legal agreement governed by Pakistani law that establishes the professional relationship between a property seller and a real estate agent or agency. The document outlines the terms and conditions under which the agent will market and sell the property, including commission structures, marketing responsibilities, and service obligations. It incorporates relevant provisions from Pakistani contract law, property law, and real estate regulations, ensuring compliance with both federal and provincial requirements. The agreement provides clear guidelines for property marketing, price negotiation authority, and the protection of both parties' interests throughout the sales process.

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What is a Real Estate Agent Contract With Seller?

The Real Estate Agent Contract With Seller is a crucial document used in Pakistani property transactions to formalize the relationship between property owners and real estate professionals. This agreement is essential when a property owner wishes to engage a professional agent to market and sell their property in compliance with Pakistani law. The document typically includes detailed provisions about the agent's authority, commission structure, marketing strategies, and service obligations, while ensuring compliance with federal laws such as the Contract Act 1872 and provincial real estate regulations. It's particularly important in Pakistan's dynamic real estate market where clear terms of engagement help prevent disputes and ensure smooth property transactions. The contract protects both parties' interests by clearly defining responsibilities, commission terms, and the scope of the agent's authority to act on behalf of the seller.

What sections should be included in a Real Estate Agent Contract With Seller?

1. Parties: Identification of the Property Seller and the Real Estate Agent/Agency, including full legal names, addresses, and registration details

2. Background: Context of the agreement, including brief description of the property and the parties' intention to enter into an agency relationship

3. Definitions: Key terms used throughout the agreement, including 'Property', 'Commission', 'Listing Period', 'Selling Price', etc.

4. Appointment and Authority: Formal appointment of the agent and scope of authority granted by the seller

5. Property Details: Complete description of the property being offered for sale, including location, dimensions, and title details

6. Agent's Services and Obligations: Detailed listing of all services to be provided by the agent, including marketing, showings, and negotiations

7. Seller's Obligations: Seller's responsibilities, including providing accurate information, maintaining the property, and cooperation requirements

8. Commission Structure: Detailed explanation of agent's commission, payment terms, and conditions for commission becoming due

9. Term and Termination: Duration of the agreement, renewal terms, and conditions for termination by either party

10. Marketing Authorization: Seller's authorization for specific marketing activities and use of property information

11. Representations and Warranties: Standard representations by both parties regarding authority, property condition, and legal compliance

12. Dispute Resolution: Process for handling disagreements, including mediation and arbitration procedures

13. Governing Law: Specification of Pakistani law as governing law and relevant jurisdiction

14. General Provisions: Standard contractual provisions including notices, amendments, and severability

What sections are optional to include in a Real Estate Agent Contract With Seller?

1. Exclusive Agency Rights: Used when the agreement is exclusive, defining the agent's sole right to sell the property

2. Multiple Listing Service: Include when the property will be listed on MLS or similar platforms

3. International Marketing: Added when targeting international buyers, including specific international marketing strategies

4. Property Management: Include if agent will provide property management services during the listing period

5. Digital Marketing Services: Detailed section on virtual tours, online listings, and social media marketing when relevant

6. Security Deposit: Used when agent requires a security deposit from potential buyers

7. Sub-Agents: Include when agent has authority to appoint sub-agents

8. Post-Termination Obligations: Added when there are specific obligations that survive contract termination

What schedules should be included in a Real Estate Agent Contract With Seller?

1. Schedule A - Property Details: Detailed property specifications, including lot size, built-up area, amenities, and facilities

2. Schedule B - Commission Structure: Detailed breakdown of commission rates, calculation methods, and payment terms

3. Schedule C - Marketing Plan: Comprehensive marketing strategy and timeline

4. Schedule D - Property Documents: List of all property-related documents provided by seller

5. Schedule E - Approved Marketing Materials: Templates and formats for advertising and promotional materials

6. Appendix 1 - Property Photos: Official photographs of the property approved for marketing use

7. Appendix 2 - Required Disclosures: Mandatory disclosures about property condition and legal status

8. Appendix 3 - Agency License: Copies of agent's professional licenses and certifications

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Pakistan

Publisher

Ƶ

Document Type

Agency Agreement

Cost

Free to use
Relevant legal definitions






























Clauses



































Relevant Industries

Real Estate

Property Development

Construction

Financial Services

Legal Services

Property Management

Investment

Housing Development

Commercial Property

Residential Property

Relevant Teams

Legal

Real Estate

Sales

Business Development

Compliance

Property Management

Marketing

Operations

Contract Administration

Customer Relations

Relevant Roles

Real Estate Agent

Property Broker

Real Estate Manager

Property Sales Manager

Real Estate Director

Legal Counsel

Property Consultant

Sales Director

Business Development Manager

Contract Manager

Compliance Officer

Property Valuation Expert

Real Estate Marketing Manager

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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