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Real Estate Agent Agreement Contract for the United Kingdom

Real Estate Agent Agreement Contract Template for England and Wales

A Real Estate Agent Agreement Contract is a legally binding document governed by the laws of England and Wales that establishes the professional relationship between a property owner and an estate agent. The agreement outlines the terms of service, commission structures, marketing responsibilities, and obligations of both parties. It includes specific provisions required under UK estate agency legislation, including the Estate Agents Act 1979 and Consumer Rights Act 2015, and incorporates necessary consumer protection measures.

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Real Estate Agent Agreement Contract

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What is a Real Estate Agent Agreement Contract?

The Real Estate Agent Agreement Contract is essential for formalizing the relationship between property owners and estate agents in England and Wales. This document should be used when engaging an estate agent to market and sell property, whether for individual properties or multiple units. It provides clarity on commission rates, marketing strategies, and service expectations while ensuring compliance with UK property legislation. The agreement protects both parties' interests and establishes clear performance metrics and payment terms, incorporating necessary provisions for consumer protection and professional standards in property transactions.

What sections should be included in a Real Estate Agent Agreement Contract?

1. Parties: Identification of the estate agent and the client, including full legal names, registered addresses, and company registration numbers where applicable

2. Background: Context of the agreement, property details, and purpose of the agency relationship

3. Definitions: Key terms used throughout the agreement including 'Property', 'Services', 'Commission', 'Marketing Period' etc.

4. Services: Detailed description of services to be provided by the agent, including marketing, viewings, negotiations, and transaction support

5. Fees and Commission: Payment terms, commission rates, payment triggers, and circumstances for fee variations

6. Duration and Termination: Agreement length, notice periods, and grounds for termination by either party

7. Agent's Obligations: Key responsibilities including compliance with laws, professional conduct, marketing duties, and reporting requirements

8. Client's Obligations: Client responsibilities including providing accurate information, cooperation, and property access

What sections are optional to include in a Real Estate Agent Agreement Contract?

1. Multiple Agency Provisions: Terms governing relationships with other agents when non-exclusive arrangement is chosen

2. International Marketing: Additional provisions for international property marketing and overseas buyer handling

3. Additional Services: Terms for premium or additional services beyond standard agency services

What schedules should be included in a Real Estate Agent Agreement Contract?

1. Property Details Schedule: Comprehensive description of the property including location, size, features, and condition

2. Fee Schedule: Detailed breakdown of all fees, commissions, and additional charges

3. Marketing Plan: Detailed marketing strategy, channels, timeline, and deliverables

4. Service Level Agreement: Specific performance metrics, response times, and service standards

Authors

Alex Denne

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

Jurisdiction

England and Wales

Cost

Free to use
Relevant legal definitions






























Clauses






























Industries

Estate Agents Act 1979: Primary legislation governing estate agency work in the UK, setting out basic requirements for estate agents including disclosure of interests and handling of client money

Consumer Rights Act 2015: Legislation that consolidates consumer protection law, including requirements for transparency and fairness in consumer contracts

Consumer Protection from Unfair Trading Regulations 2008: Regulations prohibiting unfair commercial practices, requiring estate agents to provide accurate information and prohibiting misleading omissions

Business Protection from Misleading Marketing Regulations 2008: Controls misleading advertisements and sets requirements for comparative advertising in business-to-business marketing

Data Protection Act 2018 and UK GDPR: Legislation governing how personal data must be handled, stored, and processed, including client information and property details

Money Laundering Regulations 2017: Requirements for customer due diligence and anti-money laundering procedures in property transactions

Housing Act 2004: Legislation covering various aspects of housing law, including standards for residential properties and management requirements

Property Misdescriptions Act 1991: Although repealed, its principles remain relevant regarding accurate property descriptions and avoiding misrepresentation

Unfair Contract Terms Act 1977: Controls the use of unfair terms in contracts and limits the extent to which liability for breach of contract can be excluded

Supply of Goods and Services Act 1982: Sets out implied terms in contracts for the supply of services, including the requirement for reasonable care and skill

RICS Professional Standards: Professional standards and guidelines set by the Royal Institution of Chartered Surveyors for regulated agents

Property Ombudsman Code of Practice: Detailed code of practice setting out standards for estate agents, including complaint handling and professional conduct

NAEA Guidelines: Professional guidelines set by the National Association of Estate Agents for best practice in estate agency

Equality Act 2010: Anti-discrimination legislation ensuring equal treatment in the provision of services and employment

Client Money Protection Requirements: Mandatory scheme membership requirements to protect client money held by estate agents

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, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

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