Exclusive Listing Agreement Template for Singapore

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Key Requirements PROMPT example:

Exclusive Listing Agreement

"I need an Exclusive Listing Agreement for a luxury condominium in Singapore's District 10, with a 6-month exclusivity period starting from January 2025, including specific performance targets and enhanced marketing obligations."

Document background

The Exclusive Listing Agreement is a crucial document in Singapore's real estate industry, used when property owners wish to engage a single agency for their property sale or lease. This agreement, regulated under Singapore's Estate Agents Act 2010, provides the appointed agency with exclusive rights to market the property, typically for a defined period of 8-12 weeks. It details commission structures, marketing obligations, property specifications, and termination conditions, offering protection to both the property owner and the agency while ensuring compliance with CEA guidelines.

Suggested Sections

1. Parties: Identification of property owner and real estate agency

2. Background: Context of the listing arrangement and property details

3. Definitions: Key terms used throughout the agreement

4. Appointment and Scope: Terms of exclusive appointment and services to be provided

5. Duration: Period of exclusive listing agreement

6. Commission Structure: Fees, payment terms, and conditions

7. Obligations of Parties: Responsibilities of both agent and property owner

8. Termination: Conditions for ending the agreement

Optional Sections

1. Marketing Strategy: Specific marketing approaches, used when detailed marketing plan is required

2. Additional Services: Extra services beyond standard listing, included when offering premium service package

3. Performance Metrics: Specific targets and KPIs, used in high-value properties

Suggested Schedules

1. Property Details Schedule: Detailed description of property and specifications

2. Commission Schedule: Detailed breakdown of commission structure and payment terms

3. Marketing Plan: Detailed marketing strategy and timeline

4. Property Photographs: Visual documentation of the property

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co

Relevant legal definitions

Clauses

Relevant Industries

Residential Real Estate
Commercial Real Estate
Luxury Property

Relevant Teams

Real Estate Sales
Legal
Marketing
Compliance
Business Development

Relevant Roles

Real Estate Agent
Property Manager
Sales Director
Legal Counsel
Compliance Officer

How a Sales & Marketing Lead uses Genie AI to reduce contract drafting time by 95%

Let's create your Exclusive Listing Agreement

Authors

Alex Denne

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