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Letter Of Exclusivity Mortgage Broker
"I need a Letter of Exclusivity Mortgage Broker for my Singapore property development company to appoint ABC Mortgage Services as our exclusive mortgage broker for all our new launches in 2025, with a commission structure of 0.5% of successful loan amounts."
1. Letter Header: Date, recipient details, and reference number
2. Appointment Confirmation: Clear statement of exclusive appointment as mortgage broker
3. Scope of Services: Detailed description of mortgage broking services to be provided
4. Exclusivity Terms: Duration and territorial scope of exclusivity
5. Commission Structure: Details of fees and commission arrangements
6. Duration: Term of the exclusivity agreement
7. Professional Obligations: Compliance with regulatory requirements and professional standards
8. Signature Block: Space for signatures and dates
1. Performance Targets: Specific targets or KPIs, used when performance monitoring is required
2. Marketing Rights: Rights to market properties, used when broker handles property marketing
3. Client Referral Process: Process for handling client referrals, used in multi-party arrangements
1. Commission Schedule: Detailed breakdown of commission structures and payment terms
2. Service Level Agreement: Specific service standards and response times
3. Property Portfolio: List of properties covered under the agreement, if applicable
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