Real Estate Agent Documents

REAL ESTATE AGENT DOCUMENTS

Parties and Engagement

Client Name:   Client Contact:

Agent Name:   Brokerage:

Agent License Number:   Effective Date:

Scope of Engagement

The Client hereby retains the Agent to provide the services checked below. The Agent accepts engagement and will perform the duties set forth in this agreement, consistent with applicable licensing laws and regulations.

Listing and marketing of property for sale or lease   Buyer representation    Tenant placement / property management consulting   Other (specify):

Property Identification

Commission, Fees, and Expenses

Commission to Broker: or Flat Fee:

Payment Due:    If payable from closing proceeds, commissions will be disbursed at closing unless otherwise agreed in writing.

Authorizations and MLS / Marketing

Client authorizes Agent to place property in the local multiple listing service (MLS) and to market by photographs, virtual tours, signs, print and electronic media, subject to privacy restrictions below.

Yes, authorize MLS listing    No, do not list

Disclosures

The Client acknowledges the following known conditions (select Yes or No for each). Agent will disclose known material facts to prospective parties and will use best efforts to obtain accurate responses.

Lead-based paint known:  Yes   No

Mold, water intrusion, or unresolved moisture issues known:  Yes   No

Prior material structural or fire damage repaired:  Yes   No

Property located in known floodplain or special hazard zone:  Yes   No

Inspection, Access, and Cooperation

Client shall permit reasonable access to the property for inspections, showings, and marketing. Inspection period (if applicable): days after ratified offer.

Termination and Remedies

This engagement shall continue until terminated in writing by either party. Termination does not relieve Client of obligation to pay any earned commission where a sale or lease results from Agent's efforts during the term. In the event of breach, the prevailing party is entitled to costs and reasonable attorney's fees.

Confidentiality; Records; Indemnity

Agent will maintain confidentiality of Client's nonpublic information. Agent retains copies of records related to transactions for the period required by law. Client agrees to indemnify and hold Agent harmless from claims arising from inaccurate representations made by Client to third parties.

Governing Law; Entire Agreement

This Agreement is governed by the laws of the state where the Property is located. This document contains the entire agreement between the parties concerning the subject matter and supersedes all prior negotiations and agreements. Amendments must be in writing and signed by both parties.

Additional Terms / Special Provisions

Acknowledgment and Certification

By signing below, the Client and the Agent each certify that they have authority to enter into this Agreement, that the statements in this document are true and complete to the best of their knowledge, and that they accept the duties and obligations set forth herein.

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