Parties & Property
Identify the principal and agent by full legal name, and describe the property or portfolio using street address, legal description, or MLS ID as applicable for enforceability.
A formal agency agreement reduces misunderstandings about authority, commission, and disclosure duties, and creates a written record that supports enforcement. It also documents consent for electronic execution where permitted by law.
Different participants prepare or sign agency agreements depending on the transaction and their roles.
Each signer should confirm identity, review commission and termination clauses, and retain a signed copy for compliance and recordkeeping.
Identify the principal and agent by full legal name, and describe the property or portfolio using street address, legal description, or MLS ID as applicable for enforceability.
Specify permitted activities (listing, showing, negotiating, advertising) and any limitations on price, offer acceptance, or delegated authority to sign transactional documents.
State effective date, expiration or automatic renewal rules, and termination rights including cause, notice periods, and post-termination commission triggers.
Define commission percentage or flat fee, when it is earned and payable, who pays (buyer/seller/owner), and how split arrangements are handled.
List agent fiduciary duties, disclosure obligations, client representations, and any warranty or performance covenants the parties provide to one another.
Specify governing law, venue, arbitration or mediation requirements, and attorney fee allocation to limit uncertainty in post-contract disputes.
Use platform features that preserve audit trails, support common file formats, and meet your authentication needs.
Choose a platform that supports tamper-evident signed PDFs, audit trails, and the integrations needed for your brokerages and closing partners.
| Field | Configuration |
|---|---|
| Signature Method | Select e-signature or RON per law and client consent |
| Signer Authentication | Choose email, SMS OTP, or KBA depending on risk |
| Conditional Fields | Show fee or clause fields only when applicable |
| Audit Trail Retention | Capture IP, timestamp, and actions for each signer |
| Criteria | Agency Agreement | Listing Agreement |
|---|---|---|
| Purpose | representation | property marketing |
| Parties | principal + agent | seller + broker |
| Recording | ||
| Commission Focus | ongoing representation | sales transaction only |
| 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 | 7-day free trial | Varies by plan | Varies by plan | Varies by plan | Varies by plan |
| Bulk Send | Yes (plan-specific) | Varies by plan | Varies by plan | Varies by plan | Varies by plan |
| Audit Trail | Yes | Yes | Yes | Yes | Yes |
| Envelope Cap | No cap | 100 envelopes/user/year | Varies by plan | Varies by plan | Varies by plan |
A small investment firm adopted electronic agency agreements to speed execution and reduce paper handling.
A regional brokerage used eSign to process management and listing agreements remotely.