Listing Agent Contract Template for Indonesia

The Listing Agent Contract is a crucial document in Indonesian real estate transactions that formalizes the relationship between property owners and real estate agents/agencies. This agreement is essential when a property owner wishes to engage professional representation for selling or leasing their property in the Indonesian market. The document is structured to comply with Indonesian civil law, particularly the Civil Code (KUH Perdata) and relevant real estate regulations. It typically includes comprehensive details about the property, the scope of the agent's authority, commission structures, marketing requirements, and the duration of the listing. The agreement protects both parties' interests by clearly defining rights, obligations, and compensation terms while ensuring compliance with local real estate practices and regulations.

1. Parties: Identification of the property owner/seller and the listing agent/agency, including their complete legal names, addresses, and registration numbers

2. Background: Context of the agreement, including brief description of the property and the owner's intention to sell/lease through the agent

3. Definitions: Key terms used throughout the agreement, including 'Property', 'Listing Period', 'Commission', 'Exclusive Listing' (if applicable)

4. Appointment and Scope of Authority: Formal appointment of the agent and detailed description of the agent's authorized activities

5. Property Details: Complete description of the property being listed, including address, certificate details, and specifications

6. Listing Terms: Listing price, duration of listing, type of listing (exclusive/non-exclusive), and any specific conditions

7. Agent's Obligations: Detailed responsibilities of the agent including marketing efforts, showing property, negotiations, reporting

8. Owner's Obligations: Property owner's responsibilities, including providing accurate information, access to property, and cooperation

9. Commission Structure: Detailed breakdown of commission rates, payment terms, and conditions for commission earning

10. Marketing Plan: Specific marketing strategies and activities to be undertaken by the agent

11. Term and Termination: Duration of agreement, renewal terms, and conditions for termination

12. Representations and Warranties: Statements of fact and promises made by both parties

13. Dispute Resolution: Process for handling disagreements, including jurisdiction and applicable law

14. General Provisions: Standard clauses including notices, amendments, entire agreement, and severability