Parties
Identify seller, broker, and any co-owners with full legal names, addresses, and contact details; specify who is authorized to execute further marketing agreements or accept offers on the property.
Using an Addendum for Continued Marketing of Property preserves marketing momentum, documents updated terms, and reduces ambiguity between seller and broker. It protects contractual rights, clarifies compensation and termination procedures, and creates evidence suitable for enforcement or later audit.
Typical users include sellers, listing brokers, and property managers seeking to extend marketing when a listing expires or circumstances change.
Identify seller, broker, and any co-owners with full legal names, addresses, and contact details; specify who is authorized to execute further marketing agreements or accept offers on the property.
State the start and end dates of the extended marketing period, including automatic renewal clauses, interim review points, and any condition that will shorten or extend the term.
Define permitted channels (MLS, broker websites, social media, signage), limits on advertising spend, showing protocols, lockbox access, and any exclusive marketing activities or restrictions and related conditions.
Specify commission split or flat fees for the extended period, payment timing, who pays marketing expenses, and how compensation is adjusted if sale terms change.
List early termination rights, notice requirements, cure periods for breaches, treatment of marketing expenses, and any post-termination obligations or carryover provisions for pending offers or executed contracts.
State which party has exclusive authority to approve marketing creative, negotiate price reductions, accept offers, sign counteroffers, and bind the property legally during the addendum period.
| Field | Configuration |
|---|---|
| Signature Type | Email link or RON session with ID verification |
| Authentication | Email plus optional SMS code or KBA |
| Routing | Sequential or parallel signer order |
| Storage | Encrypted PDF with audit trail retained |
Electronic execution and eSubmission reduce delay; verify technical and compliance requirements for secure signing and storage.
Typically immediate upon mutual signing and delivery.
Allow 24–72 hours for MLS listing changes.
RON sessions usually scheduled same-day or within days.
Send signed copies within 24–48 hours to stakeholders.
Retention begins on the effective date of the addendum.
Prepare addendum and attach original listing.
Broker and seller review terms and negotiate changes.
Signatures completed, notarization if required, and copies distributed.
Store executed copy in closing file and digital repository.
Martin Properties needed continued online exposure after a listing expired while buyer financing closed; the broker required a short extension to keep offers flowing.
Optica Ventures used an addendum to continue marketing a commercial property during tenant negotiations and to avoid relisting downtime.
| signNow | DocuSign | Adobe Sign | PandaDoc | HelloSign | |
|---|---|---|---|---|---|
| Starting Price | $8/user/mo | $15/user/mo | $14/user/mo | $19/user/mo | $15/user/mo |
| Free Trial | Yes, 7-day trial | Varies by plan | Varies by plan | Varies by plan | Varies by plan |
| Bulk Send | Yes | Yes | Yes | Yes | No |
| Audit Trail | Yes | Yes | Yes | Yes | Yes |
| HIPAA Compliant | Yes | Yes | Yes | No | No |