The Real Estate Sellers Agreement serves as the foundational document governing the relationship between property sellers and their appointed estate agents in England and Wales. This document is essential when engaging professional services for property sale, whether for residential or commercial properties. It establishes clear parameters for marketing strategy, commission structures, and service expectations while ensuring compliance with relevant property legislation and consumer protection laws. The agreement protects both parties' interests by clearly defining roles, responsibilities, and financial arrangements throughout the sales process.
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1. Parties: Identification of seller and estate agent with full legal details
2. Background: Context of the agreement and property details
3. Definitions: Key terms used throughout the agreement
4. Appointment and Authority: Terms of agent appointment and scope of authority
5. Agent's Obligations: Core duties and responsibilities of the estate agent
6. Seller's Obligations: Core duties and responsibilities of the seller
7. Commission and Fees: Payment terms and commission structure
8. Duration and Termination: Agreement length and termination provisions
1. Multiple Agency Provisions: Additional terms and conditions for cases where multiple agents may be appointed - used for non-exclusive agency arrangements
2. International Marketing: Specific provisions for marketing property internationally - used for high-value properties or those likely to attract international buyers
3. Online Marketing Provisions: Specific terms for digital marketing and online platforms - used when specific online marketing strategies are required
1. Property Details Schedule: Detailed description of the property including fixtures and fittings
2. Commission Structure Schedule: Detailed breakdown of fees and commission calculations
3. Marketing Plan: Detailed marketing strategy and commitments
4. Property Information Form: Standard property information disclosure form
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