Real Estate Agency Agreement Template

• Client: [Full Name or Company Name], with a principal address at [Address] (hereinafter referred to as Client;

• Agent: [Real Estate Brokerage/Agent Name], with a principal address at [Address], licensed under [State License/Reg. No.], (hereinafter referred to as Agent.

Each may be referred to as a "Party," and collectively as the "Parties."

1. Purpose and Scope

1.1 Representation

The Client hereby retains the Agent to list the property for sale, subject to the terms and conditions set forth in this Agreement.

1.2 Exclusive or Non-Exclusive

• Exclusive Agency: The Client agrees to work exclusively with the Agent for the duration of this Agreement regarding the specific real estate transaction(s) described herein.

2. Term and Termination

2.1 Term

This Agreement commences on [Start Date] and will continue until until completion of the real estate transaction, unless earlier terminated as provided below.

2.2 Termination

Either Party may terminate this Agreement by providing [Number of Days] written notice to the other Party. In certain jurisdictions, specific legal provisions may dictate termination rights and procedures.

3. Duties of the Parties

3.1 Agent's Duties

• Marketing and Promotion (if listing): List the property in [Multiple Listing Service (MLS)] if applicable, advertise the property, schedule showings, and use reasonable efforts to find a qualified buyer/tenant.
• Disclosures: Comply with all legal disclosure requirements and follow real estate laws of [State].

3.2 Client's Duties

4. Commission and Compensation

4.1 Commission Structure

If Listing for Sale: The Client agrees to pay the Agent a commission of [Percentage %]% of the gross sale price, or a flat fee of $[Percentage %]%, upon successful closing.

5. Disclosures and Acknowledgements

7. Governing Law and Dispute Resolution

7.1 Governing Law

This Agreement shall be governed by and construed in accordance with the laws of [State].

8. Entire Agreement and Amendments