Real Estate Commission Agreement Template

This real estate commission agreement template has 3 pages and is a MS Word file type listed under our legal agreements documents.

Sample of our real estate commission agreement template:

REAL ESTATE COMMISSION AGREEMENT This Real Estate Commission Agreement ("Agreement") is entered into effect as of [DATE], BETWEEN: [REAL ESTATE AGENT NAME], ("Agent"), an individual with their main address located at OR a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] AND: [PROPERTY OWNER NAME], ("Owner") an individual with their main address located at OR a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] PURPOSE OF THE AGREEMENT The Owner agrees to engage the Agent as their exclusive real estate agent for the purpose of marketing, listing, and representing the Owner in the sale of the property located at [Property Address], hereinafter referred to as the "Property." EXCLUSIVE LISTING 2.1 The Owner hereby grants the Agent an exclusive right to list the Property for sale during the term of this Agreement. 2.2 The Agent shall use reasonable efforts to market, advertise, and promote the Property for sale during the term of this Agreement. COMMISSION 3.1 The Owner agrees to pay the Agent a commission upon the successful sale of the Property. The commission shall be [Specify Commission Percentage] % of the final sale price of the Property. 3.2 The commission is payable at the closing of the sale and shall be deducted from the proceeds of the sale. TERM OF AGREEMENT 4