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Agency Listing Agreement
"I need an Agency Listing Agreement for a luxury waterfront property in Vancouver, with provisions for international marketing and virtual showings, including specific terms for commission structure on international sales to be valid from March 2025."
1. Parties: Identifies the property owner(s) ('Seller') and the licensed real estate brokerage ('Brokerage')
2. Background: Brief context explaining the purpose of the agreement - the Seller's intention to list and sell the property through the Brokerage
3. Definitions: Defines key terms used throughout the agreement including 'Property', 'Listing Period', 'Listing Price', 'Commission', etc.
4. Property Details: Complete legal description and municipal address of the property being listed
5. Listing Terms: Specifies listing price, listing period (start and end dates), and whether it's an exclusive or multiple listing service agreement
6. Commission Structure: Details of the commission rate, when it becomes payable, and any conditions affecting payment
7. Brokerage Services: Outlines the specific services the brokerage will provide in marketing and selling the property
8. Seller's Representations and Warranties: Seller's confirmation of property ownership and authority to sell, disclosure obligations regarding property condition
9. Brokerage's Obligations: Specific duties and responsibilities of the brokerage, including marketing efforts and professional standards
10. Seller's Obligations: Seller's responsibilities including property access, cooperation with showings, and disclosure requirements
11. Term and Termination: Duration of the agreement, renewal terms, and conditions for early termination
12. Governing Law: Specifies that the agreement is governed by Canadian law and the specific provincial jurisdiction
13. Execution: Signature block with date and formal execution requirements
1. Holdover Period: Used when including a period after the listing expiration during which commission may still be payable for specific buyers
2. Property Management: Include when the property is tenant-occupied or requires specific management during the listing period
3. International Marketing: Added when the property will be marketed internationally, specifying additional marketing channels and requirements
4. Virtual Showing Provisions: Include specific terms for virtual tours and online showings, particularly relevant in certain circumstances
5. Multiple Properties: Used when listing multiple properties under one agreement
6. Dual Agency Consent: Required if the brokerage may potentially represent both buyer and seller
7. Special Conditions: For unique property features or seller requirements that need specific attention
8. Photography and Media Rights: Detailed terms regarding property photography, video, and marketing material ownership and usage
1. Schedule A - Property Details: Detailed property description, including lot size, building specifications, and included/excluded fixtures and chattels
2. Schedule B - Commission Schedule: Detailed breakdown of commission structures for different sale scenarios
3. Schedule C - Marketing Plan: Specific marketing activities and timeline the brokerage will undertake
4. Schedule D - Property Disclosure Statement: Seller's detailed disclosure about the property's condition and known issues
5. Schedule E - Property Photographs: Official property photographs and approved marketing images
6. Appendix 1 - Required Agency Disclosures: Mandatory agency relationship disclosures as required by provincial law
7. Appendix 2 - Privacy Policy: Details on how personal information will be collected, used, and protected
8. Appendix 3 - Service Area Map: If relevant, defines the geographical area where marketing efforts will be concentrated
Authors
Real Estate
Property Management
Legal Services
Financial Services
Construction and Development
Property Investment
Real Estate Marketing
Professional Services
Legal
Real Estate Operations
Compliance
Sales
Marketing
Business Development
Contract Administration
Property Management
Transaction Processing
Document Control
Real Estate Agent
Real Estate Broker
Property Manager
Real Estate Lawyer
Compliance Officer
Legal Counsel
Real Estate Manager
Business Development Manager
Contract Administrator
Real Estate Transaction Coordinator
Marketing Manager
Sales Director
Real Estate Operations Manager
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