Buyer Listing Agreement Template for Germany

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Key Requirements PROMPT example:

Buyer Listing Agreement

"I need a Buyer Listing Agreement under German law for an exclusive 6-month arrangement starting March 1, 2025, where our real estate agency will help an international corporate client find commercial properties in Berlin with a budget of €5-10 million."

Document background
The Buyer Listing Agreement (Suchauftrag) is a crucial document in German real estate transactions, used when a potential buyer engages a real estate broker to assist in finding and acquiring property. This agreement is particularly important in the German market where real estate agents play a significant role in property transactions and are subject to specific regulations under German law. The document outlines the broker's obligations to search for properties meeting the buyer's criteria, the buyer's obligations to work exclusively with the broker (if applicable), and the commission structure. It includes mandatory consumer protection provisions required by German law, GDPR compliance measures, and clear terms regarding the scope of services. The agreement becomes especially relevant in competitive property markets where buyers need professional assistance to access and evaluate available properties efficiently.
Suggested Sections

1. Parties: Identification of the real estate agent (broker) and the buyer client, including full legal names, addresses, and registration details for the broker

2. Background: Context of the agreement, establishing the buyer's intention to acquire real estate and the broker's professional capacity

3. Definitions: Key terms used throughout the agreement, including property criteria, commission, and service definitions

4. Scope of Services: Detailed description of the broker's services, including property search criteria, viewing arrangements, and negotiation support

5. Property Requirements: Specific criteria for the desired property, including location, size, price range, and essential features

6. Broker's Obligations: Detailed responsibilities of the broker, including search efforts, information provision, and professional conduct requirements

7. Client's Obligations: Client's responsibilities, including providing accurate information, attending viewings, and maintaining communication

8. Commission Structure: Clear terms of the broker's commission, payment conditions, and circumstances triggering payment obligation

9. Duration and Termination: Term of the agreement, notice periods, and conditions for termination

10. Exclusivity Terms: Whether the agreement is exclusive or non-exclusive, and related obligations

11. Data Protection: GDPR compliance provisions and handling of personal data

12. Right of Withdrawal: Consumer's right of withdrawal (Widerrufsrecht) as required by German law

13. Governing Law: Confirmation of German law application and jurisdiction

14. Signatures: Execution block with date and signatures of all parties

Optional Sections

1. Success Fee Structure: Alternative commission structures based on successful property acquisition, used when implementing performance-based fees

2. Multiple Party Provisions: Additional terms for when multiple buyers are party to the agreement

3. International Considerations: Special provisions for international buyers, including translation requirements and cross-border transactions

4. Financing Conditions: Terms related to property financing and cooperation with financial institutions, used when broker provides financing assistance

5. Property Management Services: Additional terms for when the broker offers property management services post-purchase

6. Special Power of Attorney: Authorization provisions for the broker to act on behalf of the buyer in specific circumstances

Suggested Schedules

1. Property Search Criteria: Detailed specification of property requirements including location, size, price range, and essential features

2. Commission Schedule: Detailed breakdown of commission calculations and payment terms

3. Withdrawal Form: Standard form for exercising right of withdrawal (Widerrufsbelehrung)

4. Service Level Agreement: Detailed description of service standards and response times

5. Broker's License and Qualifications: Copies of broker's professional licenses and qualifications

6. Data Processing Agreement: Detailed GDPR-compliant data processing terms and procedures

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions
Relevant Industries

Real Estate

Property Development

Property Investment

Legal Services

Financial Services

Property Management

Construction

Urban Development

Residential Property

Commercial Property

Relevant Teams

Legal

Real Estate

Sales

Compliance

Risk Management

Business Development

Client Relations

Documentation

Operations

Property Management

Relevant Roles

Real Estate Agent

Property Broker

Real Estate Manager

Legal Counsel

Compliance Officer

Property Consultant

Sales Director

Business Development Manager

Contract Manager

Real Estate Partner

Property Acquisition Manager

Client Relations Manager

Real Estate Transaction Coordinator

Documentation Specialist

Risk Manager

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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