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Commercial Listing Agreement
"Need a Commercial Listing Agreement for my retail space in Singapore's Orchard Road district, with an exclusive 6-month listing period starting January 2025 and a commission structure of 2% for sale transactions."
1. Parties: Identification of the property owner and the listing agent/agency
2. Background: Context of the agreement and brief property description
3. Definitions: Key terms used throughout the agreement
4. Appointment and Authority: Scope of agent's authority and nature of appointment (exclusive/non-exclusive)
5. Property Details: Comprehensive description of the property being listed
6. Listing Price: Agreed listing price and price modification terms
7. Commission Structure: Commission rates and payment terms
8. Duration: Term of the listing agreement
9. Obligations of Parties: Responsibilities of both agent and property owner
1. Marketing Plan: Detailed marketing strategy and activities - used for high-value properties or when specific marketing commitments are required
2. Performance Metrics: Specific targets or KPIs for the agent - used when performance-based terms are included
3. Multiple Agency Provisions: Terms governing multiple agency arrangements - used when property is listed with multiple agencies
1. Property Details Schedule: Detailed property specifications and features
2. Commission Schedule: Detailed breakdown of commission structure and calculations
3. Marketing Schedule: Detailed marketing plan and budget
4. Property Photos: Official photographs of the property
5. Required Disclosures: Mandatory disclosures required by CEA
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