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1. Parties: Identification of the co-listing agents and the property owner
2. Background: Context of the agreement, including property details and purpose of the co-listing arrangement
3. Definitions: Key terms used throughout the agreement
4. Appointment and Authority: Formal appointment of both agents and scope of their authority
5. Term of Agreement: Duration of the co-listing arrangement, including start and end dates
6. Property Details: Comprehensive description of the property being listed
7. Commission Structure: Details of commission rates and split between agents
8. Marketing and Advertising: Responsibilities and arrangements for property marketing
9. Duties and Responsibilities: Specific obligations of each agent
10. Confidentiality: Protection of confidential information and trade secrets
11. Professional Standards: Compliance with ESVARBON and other regulatory requirements
12. Termination: Conditions and process for ending the agreement
13. Dispute Resolution: Process for resolving disagreements between parties
14. Governing Law: Specification of Nigerian law as governing law
15. General Provisions: Standard contract clauses including notices, amendments, and severability
1. Exclusivity: Terms of exclusive listing rights, used when agents agree to work exclusively with each other
2. Digital Marketing Rights: Specific provisions for online marketing and social media, used when digital marketing is a significant component
3. International Marketing: Additional provisions for international property marketing, used when targeting foreign buyers
4. Sub-Agency: Terms for involving other agents, used when sub-agents may be needed
5. Property Management: Additional terms for property management services, if offered
6. Success Metrics: Specific performance targets and evaluation criteria, used when parties want to measure success
7. Force Majeure: Provisions for unforeseen circumstances, particularly relevant in uncertain markets
1. Schedule A - Property Details: Detailed description of the property, including location, size, features, and condition
2. Schedule B - Commission Structure: Detailed breakdown of commission rates, splits, and payment terms
3. Schedule C - Marketing Plan: Specific marketing activities, timelines, and budget allocation
4. Schedule D - Required Documentation: List of necessary documents and certificates for the property
5. Appendix 1 - Agent Credentials: Copies of licenses, certifications, and professional memberships
6. Appendix 2 - Property Photos and Floor Plans: Visual documentation of the property
7. Appendix 3 - Standard Operating Procedures: Agreed procedures for showing property, handling inquiries, and reporting
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