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Agency Agreement For The Sale Of Residential Property
"Need an Agency Agreement For The Sale Of Residential Property for my three-bedroom condo in Singapore, with an exclusive agency period of 3 months starting March 2025, including international marketing rights and a tiered commission structure based on final sale price."
1. Parties: Identification of the agent and the property owner/seller
2. Background: Context of the agreement and basic property details
3. Definitions: Key terms used throughout the agreement
4. Appointment and Scope: Terms of agent appointment and services to be provided
5. Duration: Term of the agreement including start and end dates
6. Commission Structure: Details of fees, commission rates, and payment terms
7. Agent's Obligations: Duties and responsibilities of the agent
8. Client's Obligations: Duties and responsibilities of the property owner
9. Termination: Conditions and procedures for ending the agreement
1. Exclusivity Clause: Terms of exclusive agency rights (used when exclusive agency rights are granted)
2. Marketing Plan: Specific marketing strategies and commitments (used when detailed marketing arrangements are agreed)
3. Sub-Agents: Terms for appointment of sub-agents (used when sub-agents may be involved)
4. International Marketing: Specific terms for international marketing (used when property will be marketed overseas)
1. Property Details Schedule: Detailed description of the property including address, size, features
2. Commission Schedule: Detailed breakdown of commission structure and payment terms
3. Marketing Schedule: Detailed marketing plan and activities
4. Required Documents Checklist: List of documents required for the sale
5. Property Photographs: Official photographs of the property
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