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Real Estate Sellers Agreement Template for Canada

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Key Requirements PROMPT example:

Real Estate Sellers Agreement

"I need a Real Estate Sellers Agreement for my Vancouver residential property, with a 6-month listing period starting January 15, 2025, including a 2.5% commission structure and provisions for professional photography and virtual tours."

Document background
The Real Estate Sellers Agreement is a fundamental document in Canadian real estate transactions, used when a property owner wishes to engage professional services for selling their real estate. This agreement establishes the formal relationship between the seller and the real estate professional, detailing crucial elements such as the property description, listing price, commission structure, marketing approach, and service terms. It ensures compliance with both federal and provincial requirements, including the Real Estate and Business Brokers Act, provincial property laws, and privacy regulations. The document protects both parties' interests by clearly defining roles, responsibilities, and expectations throughout the selling process. It's particularly important in Canadian jurisdictions where real estate transactions are heavily regulated and require specific disclosures and terms to be legally compliant.
Suggested Sections

1. Parties: Identification of the property seller(s) and the real estate agent/broker, including full legal names and addresses

2. Background: Context of the agreement, including brief property description and intention to sell

3. Definitions: Key terms used throughout the agreement defined for clarity

4. Appointment and Authority: Grant of authority to the agent to sell the property and act on seller's behalf

5. Property Details: Complete legal description of the property and included/excluded items

6. Listing Price and Terms: Agreed listing price and acceptable terms for the sale

7. Commission Structure: Details of agent's commission, payment terms, and conditions

8. Duration of Agreement: Term of the agreement, including start and end dates

9. Seller's Representations and Warranties: Seller's statements about property condition, ownership, and authority to sell

10. Seller's Obligations: Specific duties of the seller during the listing period

11. Agent's Services and Obligations: Detailed services to be provided by the agent

12. Marketing and Showing: Terms regarding property marketing, showings, and open houses

13. Holdover Period: Terms regarding post-expiration period and commission obligations

14. Termination: Conditions and process for ending the agreement

15. Dispute Resolution: Process for handling disagreements between parties

16. General Provisions: Standard contract clauses including governing law, amendments, and notices

Optional Sections

1. Multiple Listing Service: Terms for MLS listing when seller opts for MLS services

2. Professional Photography: Terms regarding professional photography services if included

3. Virtual Tours: Provisions for virtual tour services if offered

4. Tenant Provisions: Required when property is currently tenant-occupied

5. Property Management: Terms for managing property during listing if required

6. International Marketing: Additional terms for international marketing efforts

7. Auction Provisions: Terms specific to auction sale format if applicable

8. Dual Agency: Required when agent may represent both seller and buyer

Suggested Schedules

1. Schedule A - Property Description: Detailed property description, including lot size, dimensions, and legal description

2. Schedule B - Included/Excluded Items: Comprehensive list of items included in or excluded from the sale

3. Schedule C - Marketing Plan: Detailed marketing strategy and activities

4. Schedule D - Commission Schedule: Detailed breakdown of commission structures and scenarios

5. Schedule E - Property Disclosure Statement: Seller's disclosure of property condition and known issues

6. Appendix 1 - Property Photos: Current photographs of the property

7. Appendix 2 - Property Documents: Copies of relevant property documents (surveys, certificates, etc.)

8. Appendix 3 - Service Provider Lists: List of recommended service providers for property preparation

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈ˰æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions
















































Clauses







































Relevant Industries

Real Estate

Legal Services

Financial Services

Property Management

Construction and Development

Insurance

Property Investment

Professional Services

Relevant Teams

Legal

Real Estate

Sales

Compliance

Property Management

Business Development

Contract Administration

Document Control

Risk Management

Investment

Relevant Roles

Real Estate Agent

Real Estate Broker

Property Lawyer

Legal Counsel

Property Manager

Real Estate Manager

Compliance Officer

Contract Administrator

Real Estate Transaction Coordinator

Business Development Manager

Sales Director

Property Developer

Real Estate Investment Manager

Document Controller

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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