The Real Estate Broker Agent Agreement Form serves as the foundational document governing the relationship between real estate professionals and their clients in the United States. This agreement is essential for establishing clear expectations, protecting both parties' interests, and ensuring compliance with state and federal regulations. It typically includes details about the broker's duties, commission structures, marketing responsibilities, and the duration of the relationship. The agreement must adhere to state-specific real estate laws and may vary significantly depending on the jurisdiction and whether it's for buyer or seller representation.
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1. Parties: Identification of the broker and client with full legal names and addresses
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 broker's services and responsibilities
5. Term: Duration of the agreement including start and end dates
6. Compensation: Commission structure and payment terms
7. Termination: Conditions and process for ending the agreement
1. Dual Agency: Terms for situations where broker represents both parties - use when dual agency is permitted in the state and might occur
2. Marketing Plan: Specific marketing strategies to be employed - use for listing agreements where detailed marketing is required
3. Virtual Services: Terms for virtual showings and digital services - use when virtual real estate services are offered
1. Schedule A - Property Details: Specific property information for listing agreements
2. Schedule B - Commission Schedule: Detailed breakdown of commission structures
3. Appendix 1 - State-Required Disclosures: Mandatory state-specific disclosure forms
4. Appendix 2 - Marketing Materials: Sample marketing materials and strategies
Relevant legal definitions
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