Agency Authority
Define whether the agent has exclusive authority to negotiate, accept offers, sign documents, or only advisory duties. Spell out any delegated signing rights and any required broker oversight to comply with state rules.
A Realtor Agreement clarifies rights and duties, sets commission and term expectations, and creates enforceable obligations between client and agent. It reduces disputes, documents consent for marketing and disclosures, and supports electronic execution under ESIGN and applicable state UETA or ESRA frameworks.
Typical users include property owners, prospective buyers, and licensed brokers seeking clear agency terms and fee arrangements.
Use agreements to document consent, avoid disputes, and provide evidence of authority during listing, sale, or lease processes.
Define whether the agent has exclusive authority to negotiate, accept offers, sign documents, or only advisory duties. Spell out any delegated signing rights and any required broker oversight to comply with state rules.
Specify commission calculation, timing of payment, who pays fees, and treatment of referral or co-broker splits. Address refunds, credits, and conditions for withholding compensation at closing.
State the agreement start and end dates, automatic renewal terms if any, notice periods for nonrenewal, and how notice must be delivered (email, certified mail, or in-person).
Clarify whether the listing is exclusive right to sell, exclusive agency, or open listing; outline implications for other brokers, owner-sourced buyers, and commission entitlement at closing.
Include state-required material facts, lead-based paint notices if applicable, property condition disclosures, environmental hazards, and any known defects or liens affecting title and attach supporting reports where available.
State cure periods, breach remedies, early termination fees, and obligations after termination such as records retention, pending transactions, and compensation for introduced buyers and escrow holdback terms.
| Form Field and Workflow Configuration | Configuration |
|---|---|
| Signature Field | Signature and date capture |
| Required Fields | Make names, address, commission mandatory |
| Routing Order | Define signer sequence and copy recipients |
| Authentication | Choose email, SMS, or KBA |
Electronic execution requires an eSignature platform supporting PDF/Word, audit trails, and secure storage and access controls.
Provide executed copy to all parties immediately.
Fulfill stated start and end dates; note renewal notice period.
Follow purchase agreement timelines for deposit delivery.
Provide disclosures and complete inspections by required deadlines.
Pay at closing or as contract specifies; document timing.
Martin Properties moved to electronic Realtor Agreements to close rentals and sales without in-person signings, improving turnaround in local markets.
Optica Ventures streamlined client signings for property agreements, making the interface straightforward for internal teams and customers during offer and closing processes.
| 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 | No | No | Yes, limited | Yes, limited |
| Bulk Send | Yes | Yes | Yes | Yes | No |
| Audit Trail | Yes | Yes | Yes | Yes | Yes |
| HIPAA Compliant | Yes | Yes | Yes | No | No |