The Agreement Between Broker And Owner is a fundamental document in Philippine real estate transactions, designed to protect the interests of both property owners and licensed real estate brokers. This agreement is essential when a property owner wishes to engage a professional broker's services for selling or leasing their property in the Philippines. The document must comply with the Real Estate Service Act (RESA) of 2009 and related Philippine regulations, which set strict requirements for broker qualifications and professional conduct. It typically includes detailed provisions about the property, scope of services, commission structures, marketing strategies, and legal obligations. This agreement is particularly important in the Philippine context as it helps ensure transparency in real estate transactions and provides a clear framework for the professional relationship between owners and brokers, while addressing specific local market practices and regulatory requirements.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Your data doesn't train Genie's AI
You keep IP ownership of your docs
Alternatively...
1. Parties: Identifies and provides full details of the Property Owner and the Licensed Real Estate Broker, including their respective addresses and license/registration numbers
2. Background: Establishes the context of the agreement, including the owner's intention to sell/lease the property and the broker's qualifications
3. Definitions: Defines key terms used throughout the agreement including Property, Commission, Listing Period, etc.
4. Appointment and Authority: Formally establishes the broker's appointment and specifies the scope of authority granted by the owner
5. Property Details: Comprehensive description of the property including location, boundaries, and title information
6. Broker's Services and Obligations: Details the specific services to be provided by the broker including marketing, showing property, negotiating, etc.
7. Owner's Obligations: Outlines the owner's responsibilities including providing accurate information, maintaining the property, etc.
8. Commission Structure: Specifies the broker's commission rate, payment terms, and conditions for commission eligibility
9. Term and Termination: Defines the duration of the agreement and conditions for termination
10. Representations and Warranties: States the parties' representations regarding authority, property ownership, and broker's qualifications
11. Confidentiality: Addresses the handling of confidential information and privacy requirements
12. Compliance with Laws: Confirms adherence to RESA Law and other applicable regulations
13. Dispute Resolution: Outlines the process for resolving disputes between parties
14. General Provisions: Includes standard clauses such as notices, amendments, governing law, etc.
1. Multiple Listing Service: Include when the property will be listed on MLS platforms
2. Co-Brokerage: Include when cooperation with other brokers is anticipated, defining commission sharing
3. Digital Marketing Authorization: Include when specific digital marketing strategies will be employed
4. Property Management: Include when the broker will provide property management services
5. International Marketing: Include when targeting international buyers/tenants
6. Exclusive Right to Sell/Lease: Include when the agreement is exclusive rather than non-exclusive
7. Force Majeure: Include when specific provisions for unforeseen circumstances are needed
1. Schedule A - Property Description: Detailed description of the property including technical specifications, floor plans, and photographs
2. Schedule B - Commission Structure: Detailed breakdown of commission rates, payment schedules, and special circumstances
3. Schedule C - Marketing Plan: Comprehensive marketing strategy and timeline
4. Schedule D - Property Documents: List of all property-related documents provided by the owner
5. Appendix 1 - Broker's License and Credentials: Copies of broker's professional license and certifications
6. Appendix 2 - Property Title Documents: Copies of property ownership documents
7. Appendix 3 - Service Level Agreement: Detailed performance metrics and service standards
Authors
Find the document you need
Real Estate Agent Referral Form
A Philippine-compliant legal form establishing referral arrangements between real estate professionals, including terms, compensation, and responsibilities under RESA regulations.
Download
Freight Agent Contract
A Philippine law-governed agreement establishing the terms and conditions between a freight company and its appointed agent for freight forwarding services.
Download
Exclusive Brokerage Contract
A Philippine law-governed agreement establishing an exclusive relationship between a real estate broker and property owner for property marketing and sales.
Download
Buyer Representation Agreement Form
A Philippine-law governed agreement establishing the terms and conditions between a property buyer and their appointed real estate broker for property acquisition services.
Download
Real Estate Commission Agreement Form
A Philippine-law governed agreement establishing commission terms and service scope between property owners and real estate brokers.
Download
Buyer Broker Agreement Form
A Philippine law-governed agreement establishing the terms between a real estate broker and property buyer for property search and acquisition services.
Download
Business Broker Agreement
A Philippine-law governed agreement establishing terms between a business broker and client for business sale/purchase services, including commission structure and confidentiality terms.
Download
Buyer Tenant Representation Agreement
A Philippine law-governed agreement establishing exclusive representation of a prospective tenant/buyer by a licensed real estate broker for property search and acquisition services.
Download
Broker Confidentiality Agreement
Philippine-compliant confidentiality agreement for broker relationships, protecting sensitive client information and ensuring regulatory compliance.
Download
Co Broker Agreement
A Philippine law-governed agreement establishing cooperation terms between real estate brokers, including commission sharing and operational procedures.
Download
Rental Broker Agreement
A Philippine-law governed agreement between a property owner and licensed real estate broker establishing terms for property rental services and commission structures.
Download
Non Exclusive Buyer Representation Agreement
A Philippine-law governed agreement establishing non-exclusive representation between a property buyer and real estate agent, compliant with RESA regulations.
Download
Broker Contract Agreement
A Philippine law-governed agreement establishing the terms and conditions between a principal and broker for professional brokerage services.
Download
Broker Cooperation Agreement
A Philippine law-governed agreement establishing cooperation terms between real estate brokers, including commission sharing and operational procedures.
Download
Broker Agent Commission Split Agreement
A Philippine law-compliant agreement establishing commission-sharing terms between a real estate broker and agent, governed by RESA regulations.
Download
Agreement Between Brokers For Residential Lease
A Philippine-compliant cooperation agreement between real estate brokers for residential lease transactions, establishing commission sharing and operational terms.
Download
Agreement Between Brokers
A Philippine-law governed agreement establishing cooperation terms and commission arrangements between licensed brokers or brokerage firms.
Download
Agreement Between Broker And Owner
A Philippine-law governed agreement establishing terms between a property owner and licensed real estate broker for property sale/lease services.
Download
Agent Commission Agreement
A Philippine law-governed agreement establishing commission-based terms between a principal and agent, defining payment structures and mutual obligations.
Download
Cooperating Broker Commission Agreement
A Philippine law-governed agreement establishing commission sharing terms between cooperating real estate brokers or brokerage firms.
Download
Commission Agreement Between Brokers
A Philippine law-governed agreement establishing commission-sharing terms between licensed real estate brokers.
Download
Commission Agreement Between Broker And Agent
A Philippine law-governed agreement establishing the commission-based relationship between a real estate broker and agent, outlining terms and obligations under RESA 2009.
Download
Commission Agreement (Real Estate)
A Philippine law-governed agreement establishing commission terms between property owners and real estate brokers for property marketing and sales services.
Download
Commercial Real Estate Broker Fee Agreement
A Philippine-compliant agreement defining commercial real estate broker compensation terms and services under RESA Law.
Download
Exclusive Tenant Brokerage Agreement
A Philippine-law governed agreement establishing an exclusive relationship between a licensed real estate broker and a tenant for property lease services.
Download
Co Broker Agreement Commercial (Real Estate)
A Philippine-compliant agreement governing cooperation between real estate brokers for commercial property transactions, including commission arrangements and responsibilities.
Download
Co Broker Agreement (Real Estate)
A Philippine-law governed agreement establishing cooperation terms and commission sharing between real estate brokers, compliant with RESA regulations.
Download
Broker Seller Agreement
A Philippine law-governed agreement between a property seller and real estate broker defining the terms for property marketing and sale services.
Download
Broker Salesperson Agreement
A Philippine law-governed agreement establishing the professional relationship and terms between a licensed real estate broker and salesperson, ensuring RESA compliance.
Download
Broker Referral Fee Agreement
A Philippine law-governed agreement establishing referral fee arrangements between brokers, outlining payment terms and obligations while ensuring regulatory compliance.
Download
Broker Non Circumvention Agreement
A Philippine law-governed agreement protecting brokers' interests by preventing circumvention of their role in business transactions and securing their commission rights.
Download
Broker Listing Agreement
A Philippine law-compliant agreement between a property owner and licensed real estate broker for the marketing and sale/lease of property.
Download
Broker Lease Commission Agreement
A Philippine law-governed agreement establishing commission terms and conditions between property owners and real estate brokers for leasing services.
Download
Broker Lease Agreement
A Philippine-law governed agreement between property owner and real estate broker establishing terms for property leasing services and commission structure.
Download
Broker Fee Agreement
A Philippine law-governed agreement establishing terms and compensation arrangements between a real estate broker and client.
Download
Broker Engagement Letter
A Philippine-law governed letter establishing a formal engagement between a broker and client, outlining services, fees, and mutual obligations.
Download
Genie’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your data is private:
We do not train on your data; Genie’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
