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Exclusive Seller Brokerage Agreement
"Need an Exclusive Seller Brokerage Agreement for my luxury condominium in Singapore's Orchard Road area, with specific provisions for international marketing and a minimum selling price of SGD 5.8 million, to be effective from March 2025 for a 6-month period."
1. Parties: Identification of the property owner and the real estate agency
2. Background: Context of the agreement and property details
3. Definitions: Key terms used throughout the agreement
4. Appointment and Scope: Terms of exclusive appointment and services to be provided
5. Duration: Period of exclusivity and agreement term
6. Commission Structure: Fee arrangements and payment terms
7. Obligations of the Agent: Agent's duties and responsibilities
8. Obligations of the Seller: Seller's commitments and responsibilities
9. Termination: Conditions for ending the agreement
1. Marketing Plan: Detailed marketing strategy and activities for high-value properties or when specific marketing commitments are required
2. Performance Guarantees: Specific performance metrics and related provisions when seller requires specific performance standards
3. International Marketing: Provisions for overseas marketing efforts for luxury properties or when targeting international buyers
1. Property Details Schedule: Detailed description of the property including title details
2. Commission Schedule: Detailed breakdown of commission structure and payment terms
3. Marketing Schedule: Detailed marketing plan and timeline
4. Property Condition Report: Current condition of the property
5. Required Disclosures: Mandatory disclosures under Singapore law
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