Free Real Estate Agency Agreement Template
Real Estate Agency Agreement Template Free - Real Estate Agency Agreement Template: Duties, Commission & Term.
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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: __________________________
Frequently Asked Questions
Find answers to common questions about our templates.
You can create various real estate documents including purchase agreements, lease agreements, property management agreements, quitclaim deeds, warranty deeds, construction contracts, lien waivers, and other real estate-related legal documents.
Real estate transactions often involve significant financial investments and complex legal requirements. While our templates provide a solid foundation, we strongly recommend consulting with a real estate attorney, especially for property purchases, sales, or complex transactions.
Some of our templates are state-specific, while others are general templates that can be adapted. Real estate law varies by state, so we recommend having a local real estate attorney review your completed document to ensure compliance with your state's specific requirements.
Yes, all real estate templates are fully customizable. You can fill in property addresses, descriptions, purchase prices, terms, conditions, and any other relevant details. The preview updates in real-time as you make changes.
Many real estate documents, such as deeds and certain agreements, need to be recorded with the appropriate county recorder's office to be legally effective. We recommend consulting with a real estate attorney or title company to determine recording requirements for your specific document.
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