The Listing Agent Contract is a crucial document in South African real estate transactions that formalizes the professional relationship between property owners and licensed real estate agents or agencies. This agreement is essential when a property owner wishes to engage a professional to market and sell/lease their property. The contract must comply with the Property Practitioners Act 22 of 2019 and related regulations, which govern real estate practices in South Africa. It typically includes detailed provisions about the agent's authority, marketing responsibilities, commission structures, and mandatory disclosures. The document serves as a protective mechanism for both parties by clearly defining their rights, obligations, and the terms of their business relationship. It's particularly important in South Africa's dynamic property market where clear contractual terms and statutory compliance are essential for successful property transactions.

1. Parties: Identification of the property owner (the 'Client') and the licensed real estate agent/agency (the 'Agent'), including their full legal names, registration numbers, and contact details

2. Background: Brief context explaining the owner's intention to sell/lease the property and the agent's qualifications to provide the service

3. Definitions: Key terms used throughout the agreement, including 'Property', 'Listing Period', 'Listing Price', 'Commission', and other relevant terms

4. Appointment and Authority: Formal appointment of the agent and scope of authority granted, including whether the listing is exclusive or non-exclusive

5. Property Details: Complete description of the property, including physical address, registration details, and relevant title deed information

6. Agent's Obligations: Detailed listing of the agent's responsibilities, including marketing efforts, showing the property, and reporting requirements

7. Client's Obligations: Property owner's responsibilities, including providing access to the property and maintaining it in showable condition

8. Commission Structure: Detailed explanation of the commission rate, when it becomes payable, and any conditions attached

9. Duration and Termination: Length of the listing agreement, renewal terms, and conditions for early termination

10. Compliance Declarations: Statutory compliance statements required under the Property Practitioners Act and other relevant legislation

11. General Terms: Standard contractual provisions including notices, entire agreement, and governing law