Exclusive Agency Listing Agreement Template for Singapore

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Key Requirements PROMPT example:

Exclusive Agency Listing Agreement

"Need an Exclusive Agency Listing Agreement for my luxury condominium in Singapore's District 10, with specific provisions for international marketing and a minimum listing price of SGD 5 million, to be effective from March 2025."

Document background

The Exclusive Agency Listing Agreement is a crucial document in Singapore's real estate industry, designed to establish a dedicated relationship between property owners and real estate agencies. It provides agencies with the exclusive mandate to market and sell properties, ensuring focused effort and preventing multiple-agency conflicts. The agreement must comply with Singapore's Estate Agents Act 2010 and CEA guidelines, making it essential for professional property transactions. It typically includes detailed terms about marketing strategies, commission structures, service scope, and obligations of both parties, providing clarity and protection for all involved parties.

Suggested Sections

1. Parties: Identification of the property owner and the appointed real estate agency

2. Background: Context of the agreement and property details

3. Definitions: Key terms used throughout the agreement

4. Appointment and Scope: Terms of exclusive appointment and scope of services

5. Duration: Period of exclusive listing

6. Commission Structure: Agreed commission rates and payment terms

7. Agent's Obligations: Duties and responsibilities of the agent

8. Client's Obligations: Responsibilities and commitments of the property owner

9. Termination: Conditions for early termination

Optional Sections

1. Marketing Plan: Detailed marketing strategy and activities for high-value properties requiring specific marketing efforts

2. Performance Metrics: Specific targets or KPIs for the agent when performance-based terms are agreed

3. International Marketing: Provisions for overseas marketing for luxury properties with international appeal

Suggested Schedules

1. Property Details Schedule: Detailed description of the property including floor plans and specifications

2. Commission Schedule: Detailed breakdown of commission structures for different scenarios

3. Marketing Schedule: Detailed marketing plan and budget if applicable

4. Required Documentation Checklist: List of documents required from the property owner

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

alex.den.21@genieai.co

Relevant legal definitions

Clauses

Relevant Industries

Real Estate
Property Development
Property Investment
Commercial Real Estate

Relevant Teams

Real Estate Sales
Legal
Marketing
Business Development
Compliance

Relevant Roles

Real Estate Agent
Property Manager
Sales Director
Legal Counsel
Agency Principal

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Let's create your Exclusive Agency Listing Agreement

Authors

Alex Denne

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