The Listing Agreement serves as the foundational document for property marketing arrangements in Singapore's real estate market. It is required whenever a property owner engages a licensed real estate agent to market their property. The agreement must comply with Singapore's Estate Agents Act 2010 and CEA regulations, which mandate specific content and prescribed forms. This document outlines the scope of the agent's authority, commission structure, marketing approach, and duration of the listing, while protecting both parties' interests under Singapore law. The Listing Agreement can be either exclusive or non-exclusive, depending on whether the owner wishes to engage multiple agents.
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1. Parties: Details of the property owner and the appointed estate agent/agency
2. Background: Context of the listing arrangement and property details
3. Definitions: Key terms used throughout the agreement
4. Appointment and Authority: Scope of agent's appointment and authorized activities
5. Property Details: Comprehensive description of the property being listed
6. Listing Price: Agreed listing price and pricing strategy
7. Commission Structure: Details of commission rates and payment terms
8. Duration: Term of the listing agreement including start and end dates
9. Obligations of Parties: Responsibilities of both agent and property owner
10. Termination: Conditions and process for ending the agreement
1. Exclusivity Clause: Used when the listing is exclusive to one agent - applies for exclusive listing arrangements
2. Marketing Strategy: Specific marketing approaches to be used - included when specific marketing commitments are agreed
3. Property Access: Terms for accessing the property for viewings - included when specific access arrangements are needed
4. International Marketing: Provisions for marketing property internationally - for high-value properties targeting international buyers
1. Property Details Schedule: Detailed description of property including floor plans and specifications
2. Commission Schedule: Detailed breakdown of commission structure and calculations
3. Marketing Plan: Detailed marketing strategy and timeline
4. Property Photographs: Official photographs of the property for listing
5. CEA Prescribed Forms: Mandatory forms required by the Council for Estate Agencies
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