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Master Listing Agreement
"Need a Master Listing Agreement for a portfolio of 15 commercial properties in California and Nevada, with exclusive rights to the broker and specific digital marketing requirements, to be effective from March 2025."
1. Parties: Identification of the broker/agent and property owner
2. Background: Context of the agreement and relationship between parties
3. Definitions: Key terms used throughout the agreement
4. Scope of Services: Detailed description of services to be provided by the broker
5. Term and Termination: Duration of agreement and termination conditions
6. Commission Structure: Payment terms and commission rates
7. Responsibilities of Parties: Obligations of both broker and property owner
1. Marketing Plan: Detailed marketing strategy and commitments - use for high-value properties or when specific marketing commitments are required
2. International Marketing: Provisions for international marketing efforts - use when targeting international buyers
3. Digital Marketing Rights: Specific provisions for online marketing and social media - use when digital marketing is a significant component
1. Schedule A - Property Details: Detailed description of the property(ies) covered by the agreement
2. Schedule B - Commission Schedule: Detailed breakdown of commission structures and payment terms
3. Schedule C - Marketing Plan: Detailed marketing strategy and timeline
4. Appendix 1 - Required Disclosures: State and federal required disclosures
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