Real Estate Listings Template

REAL ESTATE LISTINGS TEMPLATE

Parties

This Listing Agreement is entered into between Seller: and Listing Agent / Broker:

Recitals

WHEREAS, Seller is the lawful owner of the real property located at (the "Property"); and

WHEREAS, Seller desires to engage Listing Agent to procure potential buyers and to provide marketing, negotiation and closing coordination services in connection with the sale of the Property; and

WHEREAS, Listing Agent represents that it is duly licensed, qualified and experienced to perform the services described herein and is willing to do so under the terms and conditions set forth below.

Property and Listing Details

Scope of Work

Listing Agent shall provide the following services for the marketing and sale of the Property. Seller authorizes Listing Agent to perform all tasks reasonably necessary to advertise, show and negotiate the sale of the Property in accordance with the terms below.

Listing Type and Authorizations

The parties agree that the listing shall be: Exclusive Right to Sell Exclusive Agency Open Listing

Seller authorizes Listing Agent to advertise the Property, place signs, hold open houses, procure professional photography and virtual tours, and to cooperate with buyer brokers as necessary. Seller authorizes the use of images and descriptions of the Property for marketing purposes.

Seller authorization for professional photography: Yes No

Payment Terms

Seller agrees to pay Listing Agent a commission as compensation for services performed. The commission structure is specified below and is earned as provided in this Agreement.

Commission shall be deemed earned and payable at the closing of a sale of the Property, or upon Seller's acceptance of a written offer subject only to contingencies that are not thereafter timely waived, or if Seller breaches this Agreement by executing a contract to sell the Property during the term, as further provided herein.

Term and Termination

This Agreement commences on Start Date: and continues until End Date: unless earlier terminated in accordance with this Section.

Either party may terminate this Agreement prior to the End Date by providing written notice to the other party not less than days in advance. Termination shall not relieve Seller of liability for commissions earned prior to termination or for sales made to buyers procured by Listing Agent during the term, including any protective period of days following termination, if agreed below.

Confidentiality

Each party shall keep confidential all nonpublic business, financial and personal information obtained in connection with this Agreement ("Confidential Information"). Confidential Information shall not include information that (i) is or becomes publicly available through no fault of the receiving party; (ii) was rightfully known to the receiving party prior to disclosure; or (iii) is independently developed without use of the Confidential Information. The receiving party shall use Confidential Information solely for the performance of this Agreement and shall not disclose such information to third parties except to its employees, contractors or professional advisors who have a need to know and who are bound by confidentiality obligations at least as protective as those set forth herein.

Representations and Warranties

Seller represents and warrants that Seller is the lawful owner of the Property and has the full right and authority to enter into this Agreement and to authorize the marketing and sale of the Property. Seller further represents that all information provided to Listing Agent regarding the Property is accurate and complete to Seller's knowledge.

Indemnification

Each party agrees to indemnify, defend and hold harmless the other party from and against any claims, liabilities, losses, costs and expenses (including reasonable attorneys' fees) arising out of the indemnifying party's breach of this Agreement, negligence, willful misconduct or misrepresentations made hereunder.

Governing Law

This Agreement shall be governed by and construed in accordance with the laws of the State of without regard to conflict of law principles.

Entire Agreement

This Agreement, including any attachments and addenda signed by the parties, constitutes the entire agreement between Seller and Listing Agent regarding the subject matter hereof and supersedes all prior negotiations, understandings and agreements, whether written or oral. Any modification to this Agreement must be in writing and signed by both parties.

Miscellaneous Provisions

If any provision of this Agreement is held unenforceable, the remaining provisions shall remain in full force and effect. The headings used in this Agreement are for convenience only and shall not affect interpretation. Neither party may assign its rights or obligations under this Agreement without the prior written consent of the other party, except that Listing Agent may assign this Agreement to a brokerage entity affiliated with Listing Agent.

Notices

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