Document background
The Real Estate Agent Contract With Seller is a fundamental document used in Hong Kong's property market when a property owner wishes to engage a professional real estate agent to sell their property. This agreement is essential for compliance with Hong Kong's Estate Agents Ordinance and must follow specific requirements set by the Estate Agents Authority, including the use of prescribed forms and mandatory disclosures. The document establishes the scope of the agent's authority, commission structure, marketing rights, and obligations of both parties. It's particularly important in Hong Kong's dynamic property market where transactions must be handled with precise regulatory compliance and professional standards. The contract protects both the agent's and seller's interests while ensuring transparency in the property sale process.
