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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."
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
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
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
Real Estate
Legal Services
Financial Services
Property Management
Construction and Development
Insurance
Property Investment
Professional Services
Legal
Real Estate
Sales
Compliance
Property Management
Business Development
Contract Administration
Document Control
Risk Management
Investment
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
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