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1. Parties: Identification of the seller and the brokerage firm
2. Background: Context of the agreement and property details
3. Definitions: Key terms used throughout the agreement
4. Appointment and Authority: Scope of broker's authority and exclusivity terms
5. Term: Duration of the agreement including start and end dates
6. Broker's Obligations: Services to be provided by the broker
7. Seller's Obligations: Responsibilities and commitments of the seller
8. Commission: Commission rate, payment terms, and conditions
9. Termination: Conditions and procedures for ending the agreement
1. Dual Agency: Terms for situations where broker represents both buyer and seller (include when dual agency is permitted in the jurisdiction)
2. Virtual Tours/Photography: Terms regarding virtual marketing materials and digital marketing services
3. International Marketing: Provisions for marketing property internationally (typically for luxury or high-end properties)
1. Property Description Schedule: Detailed description of the property being listed
2. Commission Schedule: Detailed breakdown of commission structures and scenarios
3. Marketing Plan: Detailed marketing strategy and activities
4. Required State Disclosures: State-mandated disclosure forms and requirements
Broker
Property
Agreement
Listing Period
Listing Price
Commission
Exclusive Right to Sell
Multiple Listing Service (MLS)
Marketing Materials
Net Proceeds
Closing
Closing Date
Purchase Agreement
Qualified Buyer
Protected Period
Earnest Money
Dual Agency
Sale
Transfer
Real Property
Brokerage Services
Listing Date
Expiration Date
Business Day
Cooperating Broker
Showing
Open House
Virtual Tour
Marketing Plan
Agency Relationship
Exclusivity
Duration
Commission
Marketing
Property Description
Price and Terms
Seller's Representations
Broker's Obligations
Seller's Obligations
Compensation
Termination
Default
Indemnification
Dispute Resolution
Governing Law
Assignment
Notices
Force Majeure
Dual Agency
Fair Housing
Multiple Listing Service
Modification
Severability
Entire Agreement
Compliance
Disclosure
Property Access
Cooperation
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