Document background
The Sole Agency Contract is essential for establishing exclusive representation rights in Singapore's property market. This document type is commonly used when property owners seek dedicated, focused marketing efforts from a single agent or agency. The contract, regulated under Singapore's Estate Agents Act 2010, provides clear parameters for the exclusive relationship, including commission structures, marketing commitments, and service obligations. It's particularly valuable for high-value properties or situations requiring concentrated marketing efforts, and typically includes specific provisions for both residential and commercial properties. The Sole Agency Contract helps prevent multiple-agency conflicts while ensuring professional service standards are maintained under Singapore's regulatory framework.
