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Free Real Estate Agency Agreement Template

Real Estate Agency Agreement Template: Duties, Commission & Term

Fill in the Form

Date and Parties

Purpose and Scope

Term and Termination

Leave blank for 'until completion of the real estate transaction'

Agent's Duties

Client's Duties

Commission and Compensation

Disclosures and Acknowledgements

Limitation of Liability

Governing Law and Dispute Resolution

Entire Agreement and Amendments

Signatures

Preview

REAL ESTATE AGENCY AGREEMENT

This Real Estate Agency Agreement ("Agreement") is made on [Date], by and between:

• "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 [Date] and will continue until [Date], 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

    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

    Signatures

    Client: [Client Name]

    Name: ________________________

    Date: __________________________

    Agent: [Agent Name]

    Name: ________________________

    Title: _________________________

    Date: __________________________

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