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Real Estate Broker Agreement
"I need a Real Estate Broker Agreement for my company's exclusive rights to market and sell a portfolio of five commercial properties in Sydney, with specific provisions for international marketing and a performance-based commission structure."
1. Parties: Identification of the broker/agency and the client with full legal names and contact details
2. Background: Context of the agreement, including brief description of the property services required
3. Definitions and Interpretation: Key terms used in the agreement and rules for interpreting the document
4. Appointment and Authority: Formal appointment of the broker and scope of authority granted
5. Broker Services: Detailed description of services to be provided by the broker
6. Client Obligations: Responsibilities and obligations of the client including providing accurate information
7. Commission and Fees: Detailed breakdown of commission structure, fees, and payment terms
8. Marketing and Advertising: Terms regarding property marketing, advertising approaches, and associated costs
9. Term and Termination: Duration of the agreement and circumstances for termination
10. Confidentiality: Obligations regarding confidential information and privacy requirements
11. Compliance with Laws: Commitment to comply with relevant real estate and property laws
12. Liability and Indemnity: Limitations of liability and indemnification provisions
13. Dispute Resolution: Process for handling disputes between parties
14. General Provisions: Standard contract clauses including notices, amendments, and governing law
1. Exclusive Agency Terms: Used when the agreement is for exclusive agency rights, defining the exclusivity period and terms
2. Multiple Property Management: Include when the broker will manage multiple properties for the client
3. International Marketing: Specific provisions for marketing properties to international buyers
4. Property Development Services: Additional terms for when the broker provides services related to property development
5. Auction Services: Specific terms and conditions when auction services are included
6. Property Management Services: Detailed terms for ongoing property management services if applicable
7. Special Conditions: Any unique requirements or conditions specific to the particular engagement
1. Schedule 1 - Property Details: Detailed description of the property(ies) covered by the agreement
2. Schedule 2 - Fee Schedule: Comprehensive breakdown of all fees, commissions, and charges
3. Schedule 3 - Marketing Plan: Detailed marketing strategy and advertising plan
4. Schedule 4 - Service Level Agreement: Specific performance metrics and service standards
5. Schedule 5 - Required Forms: Statutory forms required under relevant state/territory real estate legislation
6. Appendix A - Agency Credentials: Broker's licenses, certifications, and professional memberships
7. Appendix B - Terms Dictionary: Extended definitions and explanations of technical terms
Authors
Agreement
Approved Sales Price
Broker
Business Day
Client
Commission
Confidential Information
Effective Date
Exclusive Agency
Force Majeure Event
GST
Intellectual Property Rights
Listed Price
Marketing Expenses
Marketing Plan
Net Sale Price
Property
Property Documents
Purchase Price
Real Estate Services
Related Body Corporate
Reserve Price
Sale
Settlement Date
Special Conditions
Statutory Requirements
Temporary Stop Period
Term
Territory
Transaction
Trust Account
Vendor
Authority and Scope
Service Description
Commission
Marketing and Advertising
Property Management
Performance Standards
Confidentiality
Data Protection
Professional Indemnity
Insurance
Intellectual Property
Anti-Money Laundering
Dispute Resolution
Force Majeure
Termination
Assignment
Compliance
Liability and Indemnification
Payment Terms
Property Access
Record Keeping
Reporting
Representations and Warranties
Notices
Governing Law
Entire Agreement
Severability
Good Faith
Sub-Contracting
Exclusivity
Performance Metrics
Client Obligations
Marketing Expenses
Trust Money
Real Estate
Property Development
Commercial Property
Residential Property
Retail Property
Industrial Property
Property Investment
Property Management
Construction
Hospitality
Healthcare Real Estate
Agricultural Real Estate
Legal
Compliance
Real Estate Sales
Property Management
Operations
Business Development
Risk Management
Contract Administration
Corporate Services
Client Relations
Real Estate Agent
Property Manager
Sales Director
Business Development Manager
Commercial Property Agent
Legal Counsel
Compliance Officer
Contract Administrator
Real Estate Broker
Managing Director
Operations Manager
Property Consultant
Agency Principal
Sales Manager
Chief Executive Officer
Risk Manager
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