The Real Estate Listing Contract is a fundamental document in Malaysian property transactions that formalizes the appointment of a licensed real estate agent or agency to market and sell a property. This document is essential when property owners wish to engage professional real estate services in Malaysia, establishing clear parameters for the listing relationship. It must comply with the Valuers, Appraisers, Estate Agents and Property Managers Act 1981 and related regulations, which govern real estate practice in Malaysia. The contract typically includes detailed property information, commission structures, marketing authorizations, and the specific obligations of both parties. It's particularly important in protecting both the property owner's and agent's interests by clearly defining the scope of service, duration of the listing, and terms of engagement.
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1. Parties: Identifies and provides full details of the property owner(s) and the licensed real estate agent/agency
2. Background: Brief context of the property listing arrangement and the parties' intention to enter into this agreement
3. Definitions: Defines key terms used throughout the agreement for clarity and legal certainty
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 being listed, including address and title details
6. Listing Price: Agreed listing price or price range for the property
7. Commission Structure: Details of the agent's commission rate and payment terms
8. Duration of Agreement: Term of the listing agreement, including start and end dates
9. Agent's Obligations: Detailed responsibilities and duties of the real estate agent
10. Owner's Obligations: Property owner's responsibilities and commitments during the listing period
11. Marketing Authorization: Permissions for advertising and promoting the property
12. Termination: Conditions and process for ending the agreement
13. Governing Law: Specification that Malaysian law governs the agreement
14. Execution: Signature blocks and execution details
1. Exclusive Agency Rights: Used when the agreement is exclusive, preventing the owner from engaging other agents
2. Virtual Tours and Digital Marketing: Include when specific digital marketing strategies are agreed upon
3. Property Access Arrangements: Added when specific showing schedules or access restrictions need to be documented
4. Post-Termination Obligations: Include when there are specific requirements about leads or deals in progress after termination
5. Multiple Owner Provisions: Required when the property has multiple owners with different rights or requirements
6. Tenant Considerations: Include when the property is currently tenanted and requires specific arrangements for viewings
7. Special Property Features: Used when the property has unique features requiring special marketing or disclosure
1. Schedule A - Property Details: Detailed property specification including lot number, title details, and exact measurements
2. Schedule B - Marketing Plan: Comprehensive marketing strategy and activities to be undertaken by the agent
3. Schedule C - Commission Structure: Detailed breakdown of commission rates, including any sliding scales or special circumstances
4. Schedule D - Property Photographs: Approved photographs and visual materials for marketing purposes
5. Schedule E - Property Condition Report: Current condition of the property and any known defects or issues
6. Appendix 1 - Agent's License: Copy of the agent's current registration with the Board of Valuers, Appraisers and Estate Agents
7. Appendix 2 - Property Documents: Copies of relevant property documents including title, strata plan if applicable
Relevant legal definitions
Agency Period
Appointment Date
Board
Commission
Completion Date
Earnest Money
Exclusive Agency
Identity Card
Licensed Estate Agent
Listing Price
Marketing Materials
Net Sale Price
Property
Property Documents
Purchase Price
Purchaser
Registration Number
Sale Transaction
Schedule
Selling Price
Services
Title Deed
Transaction Documents
Valuation Report
Vendor
Appointment Date
Board
Commission
Completion Date
Earnest Money
Exclusive Agency
Identity Card
Licensed Estate Agent
Listing Price
Marketing Materials
Net Sale Price
Property
Property Documents
Purchase Price
Purchaser
Registration Number
Sale Transaction
Schedule
Selling Price
Services
Title Deed
Transaction Documents
Valuation Report
Vendor
Clauses
Appointment
Authority
Commission
Confidentiality
Duration
Early Termination
Exclusivity
Force Majeure
Governing Law
Indemnification
Insurance
Intellectual Property
Marketing Rights
Non-Competition
Notice
Payment Terms
Performance Obligations
Property Access
Property Description
Representations and Warranties
Service Scope
Severability
Dispute Resolution
Termination
Variation
Authority
Commission
Confidentiality
Duration
Early Termination
Exclusivity
Force Majeure
Governing Law
Indemnification
Insurance
Intellectual Property
Marketing Rights
Non-Competition
Notice
Payment Terms
Performance Obligations
Property Access
Property Description
Representations and Warranties
Service Scope
Severability
Dispute Resolution
Termination
Variation
Relevant Industries
Residential Real Estate
Commercial Real Estate
Industrial Real Estate
Retail Real Estate
Agricultural Real Estate
Mixed-Use Development
Property Management
Real Estate Services
Legal Services
Relevant Teams
Legal
Real Estate
Sales
Compliance
Marketing
Business Development
Property Management
Operations
Document Management
Contract Administration
Relevant Roles
Real Estate Agent
Property Manager
Legal Counsel
Compliance Officer
Real Estate Broker
Property Consultant
Business Development Manager
Sales Director
Contract Administrator
Property Valuer
Estate Agent
Real Estate Marketing Manager
Transaction Coordinator
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