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Sole Selling Agent Agreement For (Real Estate)
"I need a Sole Selling Agent Agreement For (Real Estate) for my luxury beachfront property in Boracay, with provisions for international marketing and a minimum guarantee of PHP 50 million sale price, including special commission structures for sales above the asking price."
1. Parties: Identifies the property owner (Principal) and the licensed real estate broker/agency (Agent), including their complete legal names, addresses, and license details as required by RESA
2. Background: Establishes the context of the agreement, including brief description of the property and the owner's intention to sell through an exclusive agent
3. Definitions: Defines key terms used throughout the agreement including 'Property', 'Exclusive Period', 'Gross Sale Price', 'Commission', etc.
4. Appointment and Scope: Clearly states the exclusive appointment of the agent and detailed scope of authority, including specific activities authorized
5. Term and Exclusivity: Specifies the duration of the exclusive agency period and conditions for renewal or extension
6. Agent's Rights and Obligations: Details the agent's responsibilities, including marketing efforts, showing the property, negotiating with prospects, and reporting requirements
7. Principal's Rights and Obligations: Outlines the property owner's commitments, including providing necessary documentation and maintaining the property
8. Commission Structure: Specifies the commission rate, calculation method, and payment terms, including any minimum guaranteed commission
9. Property Price and Terms: States the agreed listing price and acceptable terms of sale
10. Marketing and Promotion: Details the agreed marketing strategy and promotional activities
11. Termination: Specifies grounds for termination, notice requirements, and post-termination obligations
12. Governing Law and Dispute Resolution: States Philippine law as governing law and outlines dispute resolution procedures
1. Protection Period: Defines a period after agreement termination during which the agent is entitled to commission for buyers they introduced - include when requested by the agent
2. Sub-Agents: Provisions regarding the appointment and management of sub-agents - include when the agent may need to work with other licensed professionals
3. International Marketing: Specific provisions for marketing to international buyers - include when targeting foreign investors
4. Property Management: Additional services related to property management during the selling period - include when the property is vacant or requires maintenance
5. Digital Marketing Rights: Specific provisions about online marketing, virtual tours, and digital content ownership - include for high-value properties requiring extensive digital marketing
6. Force Majeure: Provisions for unforeseen circumstances preventing performance - include when requested or in uncertain market conditions
1. Schedule A - Property Details: Detailed description of the property including lot area, floor area, title details, tax declaration, and current encumbrances
2. Schedule B - Marketing Plan: Detailed marketing strategy, timeline, and budget allocation
3. Schedule C - Commission Structure: Detailed breakdown of commission rates, payment terms, and any special commission arrangements
4. Schedule D - Property Documentation: List of all property-related documents provided by the owner
5. Appendix 1 - Property Photos and Floor Plans: Current photographs of the property and architectural plans
6. Appendix 2 - Agent's Credentials: Copies of agent's PRC license, certifications, and proof of authority to practice
Authors
Agent
Appointment Period
Authorized Representative
Business Day
Commission
Confidential Information
Effective Date
Exclusive Period
Gross Sale Price
Intellectual Property Rights
Marketing Materials
Net Sale Price
Notice
Parties
Principal
Property
Property Documentation
Protection Period
Prospective Buyer
Purchase Price
RESA
Real Estate Broker
Sale
Sale Contract
Selling Price
Services
Sub-Agent
Term
Territory
Transaction
Valid Offer
Exclusivity
Term and Duration
Agent's Rights
Agent's Obligations
Principal's Rights
Principal's Obligations
Commission
Payment Terms
Property Details
Marketing and Promotion
Confidentiality
Intellectual Property
Representations and Warranties
Liability and Indemnification
Force Majeure
Assignment
Termination
Protection Period
Sub-Agency
Insurance
Compliance with Laws
Anti-Money Laundering
Data Protection
Dispute Resolution
Governing Law
Notices
Entire Agreement
Severability
Amendment
Waiver
Counterparts
Costs and Expenses
Real Estate
Property Development
Commercial Property
Residential Property
Industrial Property
Luxury Real Estate
Property Investment
Construction
Urban Development
Legal
Real Estate
Sales
Marketing
Business Development
Compliance
Property Management
Asset Management
Contract Administration
Documentation
Real Estate Broker
Property Owner
Real Estate Agent
Property Developer
Real Estate Manager
Legal Counsel
Compliance Officer
Sales Director
Marketing Manager
Property Manager
Business Development Manager
Contract Administrator
Real Estate Consultant
Asset Manager
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