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Real Estate Broker Agreement
"I need a Real Estate Broker Agreement for an exclusive 12-month arrangement starting January 2025, covering the sale of a luxury commercial property in Central Hong Kong, with specific provisions for international marketing and a tiered commission structure."
1. Parties: Identification of the property owner/seller/landlord and the licensed real estate broker, including license numbers and contact details
2. Background: Context of the agreement, including brief property description and the parties' intention to enter into a broker relationship
3. Definitions: Key terms used throughout the agreement, including 'Property', 'Commission', 'Exclusive Period' if applicable
4. Appointment and Scope of Services: Details of broker's appointment and specific services to be provided
5. Term of Agreement: Duration of the broker agreement, including start and end dates
6. Broker's Rights and Obligations: Comprehensive list of broker's duties, responsibilities, and rights under the agreement
7. Client's Rights and Obligations: Client's responsibilities, including providing accurate information and reasonable access to the property
8. Commission Structure: Detailed breakdown of commission rates, payment terms, and conditions for commission becoming payable
9. Property Information: Detailed description of the property and any specific instructions regarding its marketing or handling
10. Marketing and Advertising: Agreement on marketing strategies, advertising methods, and related costs
11. Termination: Conditions and process for terminating the agreement by either party
12. Governing Law and Jurisdiction: Specification of Hong Kong law as governing law and jurisdiction for disputes
13. Entire Agreement: Standard clause confirming the agreement represents the entire understanding between parties
1. Exclusivity Clause: Used when the broker is granted exclusive rights to market and sell the property
2. Protection Period: Added when there's an agreement for commission payment if the property is sold to introduced parties after agreement termination
3. Multiple Property Listing: Included when the agreement covers multiple properties
4. Sub-Agency Arrangements: Used when the broker may need to work with other agents
5. Special Marketing Requirements: Included when specific marketing approaches or restrictions are required
6. Property Management Services: Added when the broker will provide additional property management services
7. International Marketing: Used when the property will be marketed to international buyers/tenants
8. Virtual Tours and Digital Marketing: Specific provisions for digital marketing strategies and virtual showings
1. Schedule 1 - Property Details: Comprehensive description of the property, including address, size, facilities, and specific features
2. Schedule 2 - Commission Structure: Detailed breakdown of commission rates, including any sliding scales or special arrangements
3. Schedule 3 - Marketing Plan: Detailed marketing strategy and timeline
4. Schedule 4 - Property Documentation: List of all property-related documents provided by the client
5. Appendix A - Estate Agents Practice Regulation Requirements: Standard disclosures required by Hong Kong regulations
6. Appendix B - Marketing Materials Authorization: Client's authorization for specific marketing materials and methods
7. Appendix C - Property Photographs: Approved photographs and visual materials for marketing
8. Appendix D - Agency Disclosure Form: Standard form required by the Estate Agents Authority
Authors
Broker
Client
Property
Commission
Term
Exclusive Period
Marketing Materials
Listing Price
Asking Rent
Completion Date
Confidential Information
Effective Date
Estate Agency Work
Marketing Plan
Net Sale Price
Professional Services
Protection Period
Transaction
Successful Transaction
Sub-Agent
Working Day
Force Majeure Event
Intellectual Property Rights
Permitted Use
Due Diligence Materials
Licensed Person
Estate Agency Agreement
Prescribed Property Information
EAA
Estate Agents Authority
Estate Agents Ordinance
Listing Period
Service Fee
Marketing Fee
Deposit
Material Information
Prospective Purchaser
Prospective Tenant
Sale and Purchase Agreement
Tenancy Agreement
Services
Term
Exclusivity
Commission
Payment Terms
Property Details
Marketing Rights
Broker Obligations
Client Obligations
Representations and Warranties
Confidentiality
Data Protection
Intellectual Property
Marketing and Advertising
Sub-Agency
Anti-Money Laundering
Due Diligence
Property Access
Professional Standards
Regulatory Compliance
Termination
Protection Period
Liability
Indemnification
Force Majeure
Assignment
Notices
Amendments
Severability
Entire Agreement
Governing Law
Dispute Resolution
Third Party Rights
Costs
Authority
Real Estate
Property Development
Property Management
Commercial Real Estate
Residential Real Estate
Retail Property
Industrial Property
Hospitality
Property Investment
Real Estate Investment Trusts (REITs)
Legal
Real Estate
Sales
Business Development
Compliance
Operations
Asset Management
Property Management
Investment
Risk Management
Real Estate Broker
Property Manager
Estate Agent
Sales Director
Leasing Manager
Property Consultant
Business Development Manager
Investment Manager
Asset Manager
Real Estate Analyst
Compliance Officer
Legal Counsel
Property Portfolio Manager
Managing Director
Operations Manager
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