Seller Listing Agreement Template for Indonesia

The Seller Listing Agreement is a fundamental document in Indonesian real estate transactions, used when a property owner wishes to engage a professional real estate agency to market and sell their property. This agreement is essential for establishing clear terms of engagement, defining the scope of the agent's authority, and protecting both parties' interests under Indonesian law. It includes crucial details such as the property description, listing price, commission structure, and marketing terms, while ensuring compliance with Indonesian real estate regulations and the Civil Code. The document is particularly important in the Indonesian context where property transactions must follow specific legal procedures and documentation requirements. A well-drafted Seller Listing Agreement helps prevent disputes and ensures smooth property transactions while maintaining compliance with local legal requirements.

1. Parties: Identification of the property owner (seller) and the real estate agency, including full legal names, addresses, and registration numbers

2. Background: Brief context of the agreement, including the seller's intention to sell the property and appointment of the agent

3. Definitions: Key terms used throughout the agreement, including 'Property', 'Listing Period', 'Commission', 'Exclusive Rights', etc.

4. Appointment and Authority: Terms of the agent's appointment and scope of authority to market and negotiate for the property

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

6. Listing Period: Duration of the agreement, including start and end dates, and any automatic renewal provisions

7. Listing Price: Agreed listing price range and any conditions for price adjustments

8. Commission Structure: Details of the agent's commission, including percentage, payment terms, and conditions for commission earning

9. Agent's Obligations: Detailed responsibilities of the agent including marketing efforts, showing the property, and reporting requirements

10. Seller's Obligations: Seller's responsibilities including property maintenance, access provision, and disclosure requirements

11. Marketing Authorization: Specific permissions for advertising, use of photos, signage, and other marketing materials

12. Termination: Conditions and process for early termination of the agreement by either party

13. Governing Law: Specification of Indonesian law as governing law and jurisdiction details

14. Execution: Signature blocks and execution requirements