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Real Estate Agent Commission Agreement
"Need a Real Estate Agent Commission Agreement for exclusive representation of my commercial office building in Jakarta CBD, with a tiered commission structure and international marketing rights, targeting completion by March 2025."
1. Parties: Identification of the property owner and the real estate agent/agency, including their complete legal names, addresses, and any relevant license numbers
2. Background: Context of the agreement, including the owner's intention to sell/lease the property and the agent's qualification to provide such services
3. Definitions: Key terms used throughout the agreement, including 'Property', 'Commission', 'Successful Transaction', 'Exclusive Period', etc.
4. Appointment and Authority: Formal appointment of the agent and scope of authority granted by the property owner
5. Property Details: Complete description of the property subject to the agreement, including address and registration details
6. Agent's Services and Obligations: Detailed listing of services to be provided by the agent, including marketing, showing property, negotiations, etc.
7. Owner's Obligations: Property owner's responsibilities, including providing accurate information and reasonable access to the property
8. Commission Structure: Detailed explanation of commission rates, calculation method, and conditions for commission payment
9. Payment Terms: Timing and method of commission payment, including any staging or deposit requirements
10. Term and Termination: Duration of the agreement, renewal terms, and conditions for early termination
11. Confidentiality: Obligations regarding confidential information shared during the engagement
12. Governing Law: Specification of Indonesian law as governing law and jurisdiction for disputes
13. Dispute Resolution: Process for handling disagreements, including mediation or arbitration procedures
1. Exclusivity: Terms making the agreement exclusive, preventing the owner from engaging other agents - used when exclusive rights are granted
2. Sub-Agents: Provisions for the appointment of sub-agents - included when the agent may need to engage other agents
3. International Marketing: Special provisions for international marketing efforts - used when targeting foreign buyers/tenants
4. Digital Marketing Rights: Specific terms for online marketing and social media - important for agents with significant digital presence
5. Property Management: Additional terms for property management services - included when agent provides ongoing management services
6. Force Majeure: Provisions for unforeseen circumstances - particularly relevant in uncertain market conditions
7. Insurance Requirements: Specific insurance obligations - included for high-value properties or when required by local regulations
1. Schedule A - Property Details: Detailed description of the property, including land certificate numbers, building permits, and exact measurements
2. Schedule B - Commission Rates: Detailed breakdown of commission rates for different transaction types (sale, lease, etc.) and value ranges
3. Schedule C - Marketing Plan: Detailed marketing strategy and activities to be undertaken by the agent
4. Schedule D - Required Documentation: List of documents required from the owner and their current status
5. Appendix 1 - Agent's License: Copy of agent's professional license and certifications
6. Appendix 2 - Property Photos: Official photographs and floor plans of the property
7. Appendix 3 - Property Title: Copy of property ownership documents and relevant certificates
Authors
Agent
Appointed Representative
Business Day
Commencement Date
Commission
Commission Rate
Completion
Confidential Information
Effective Date
Exclusivity Period
Force Majeure Event
Gross Sale Price
Intellectual Property Rights
Listed Price
Marketing Materials
Marketing Period
Minimum Sale Price
Net Sale Price
Owner
Party/Parties
Permitted Sub-Agent
Property
Property Documentation
Prospective Buyer
Prospective Tenant
Purchase Price
Rental Amount
Sale
Services
Successful Transaction
Term
Territory
Transaction Documents
Authority
Commission
Payment Terms
Services
Exclusivity
Property Details
Marketing Rights
Representations and Warranties
Confidentiality
Term and Duration
Termination
Obligations
Performance Standards
Liability
Indemnification
Insurance
Force Majeure
Assignment
Sub-Agency
Notice
Dispute Resolution
Governing Law
Entire Agreement
Amendment
Severability
Costs
Data Protection
Non-Solicitation
Compliance with Laws
Real Estate
Property Development
Commercial Property
Residential Property
Property Management
Construction
Hospitality
Retail
Industrial Property
Office Space
Legal
Real Estate
Sales
Business Development
Property Management
Asset Management
Contract Administration
Operations
Finance
Compliance
Real Estate Agent
Property Manager
Real Estate Broker
Sales Director
Business Development Manager
Property Developer
Legal Counsel
Contracts Manager
Real Estate Investment Manager
Asset Manager
Facilities Manager
Property Portfolio Manager
Commercial Property Agent
Residential Sales Manager
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