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Real Estate Broker Contract With Seller
"I need a Real Estate Broker Contract with Seller for an exclusive 6-month listing of my luxury residential property in Hong Kong's Peak district, with a minimum asking price of HKD 150 million and provisions for international marketing."
1. Parties: Identification of the seller and the licensed real estate broker/agency, including license numbers and contact details
2. Background: Context of the agreement and brief description of the property to be sold
3. Definitions: Key terms used throughout the agreement, including 'Property', 'Listing Period', 'Commission', 'Exclusive Agency' vs 'Non-exclusive Agency'
4. Appointment and Scope of Services: Terms of broker appointment and detailed description of services to be provided
5. Duration of Agreement: Listing period, termination conditions, and any renewal provisions
6. Broker's Obligations: Detailed responsibilities including marketing efforts, showing property, negotiating offers, and compliance with regulations
7. Seller's Obligations: Responsibilities including providing accurate information, property access, and cooperation with the broker
8. Commission Structure: Commission rates, payment terms, and conditions for commission becoming due
9. Property Information: Detailed description of the property and its current condition
10. Marketing Authorization: Permission to advertise and market the property, including use of photos and information
11. Representations and Warranties: Statements about property ownership, authority to sell, and condition of property
12. Confidentiality: Obligations regarding confidential information and personal data protection
13. Termination: Grounds for termination and consequences
14. Governing Law and Jurisdiction: Specification of Hong Kong law and jurisdiction
1. Dual Agency Provisions: Required when the broker may potentially represent both seller and buyer
2. Property Management: Optional section for cases where the broker will manage the property until sale
3. International Marketing: Additional terms for marketing the property to international buyers
4. Special Conditions: For unique property features or seller requirements
5. Post-Sale Services: Additional services to be provided after sale agreement
6. Force Majeure: Provisions for unexpected events affecting the agreement
7. Language: Required when agreement is bilingual (Chinese and English)
1. Schedule 1 - Property Details: Comprehensive description of property, including lot number, floor area, fixtures and fittings
2. Schedule 2 - Commission Structure: Detailed breakdown of commission rates, including any sliding scales or special circumstances
3. Schedule 3 - Marketing Plan: Detailed marketing strategy and advertising commitments
4. Schedule 4 - Property Documentation: List of all property-related documents provided by seller
5. Appendix A - Required Forms: Standard forms required by the Estate Agents Authority
6. Appendix B - Property Photographs: Approved photographs and floor plans for marketing
7. Appendix C - Seller's Disclosure Statement: Mandatory disclosure of property condition and known issues
Authors
Real Estate
Property Development
Legal Services
Property Management
Real Estate Investment
Professional Services
Residential Property
Commercial Property
Legal
Real Estate Operations
Sales
Compliance
Property Management
Business Development
Contract Administration
Risk Management
Transaction Processing
Real Estate Agent
Property Broker
Estate Agent
Legal Counsel
Property Manager
Compliance Officer
Sales Director
Business Development Manager
Property Services Manager
Contract Administrator
Real Estate Operations Manager
Property Sales Executive
Legal Risk Manager
Real Estate Transaction Coordinator
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