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Broker Listing Agreement
"I need a Broker Listing Agreement under German law for a luxury residential property in Munich, with exclusive rights for 6 months starting March 1, 2025, including international marketing provisions and a 3.5% commission structure."
1. Parties: Identification of the broker (Makler) and the property owner/seller (Auftraggeber), including full legal names, addresses, and registration details
2. Background: Context of the agreement and brief description of the property to be listed
3. Definitions: Key terms used throughout the agreement, including 'Property', 'Listing Period', 'Commission', and other relevant terms
4. Scope of Services: Detailed description of the broker's services, including marketing activities, property showings, and negotiation support
5. Property Details: Comprehensive description of the property, including address, size, features, and current condition
6. Listing Period: Duration of the agreement, including start date, end date, and any automatic renewal provisions
7. Commission Structure: Details of the broker's commission, including percentage or fixed amount, payment timing, and conditions for commission eligibility
8. Broker's Obligations: Specific duties and responsibilities of the broker, including marketing efforts, reporting requirements, and professional standards
9. Owner's Obligations: Property owner's responsibilities, including providing accurate information, property access, and cooperation requirements
10. Marketing Authorization: Permission for specific marketing activities, including advertising, photographs, and property information disclosure
11. Termination: Conditions and procedures for ending the agreement, including notice requirements and post-termination obligations
12. Data Protection: GDPR compliance provisions regarding the handling of personal data
13. Governing Law: Confirmation of German law application and jurisdiction
14. Signatures: Execution block for all parties, including date and place of signing
1. Exclusivity Provisions: Used when the agreement is exclusive, detailing the broker's sole rights and any exceptions
2. International Marketing: Include when the property will be marketed internationally, specifying additional requirements and considerations
3. Property Management: When the broker will provide additional property management services during the listing period
4. Special Property Features: For properties with unique characteristics requiring special marketing or handling
5. Commission Splitting: When cooperation with other brokers is anticipated, detailing commission sharing arrangements
6. Virtual Tours: Specific provisions for digital marketing and virtual showings
7. Energy Certificate: Special provisions regarding the German Energy Saving Ordinance requirements
8. Force Majeure: Provisions for extraordinary circumstances affecting the agreement execution
1. Property Description Schedule: Detailed technical description of the property, including floor plans, measurements, and specifications
2. Marketing Plan: Detailed marketing strategy and timeline
3. Commission Schedule: Detailed breakdown of commission calculations and payment terms
4. Property Documentation: List of all relevant property documents, certificates, and permits
5. Photo Authorization: Specific permissions for property photography and image usage
6. Price Schedule: Listing price details and any agreed price adjustment mechanisms
7. Property Access Protocol: Procedures for property viewings and access arrangements
8. Data Processing Agreement: Detailed GDPR-compliant data processing terms and procedures
Authors
Real Estate
Property Development
Commercial Property
Residential Property
Retail Property
Industrial Property
Luxury Real Estate
Property Investment
Property Management
Real Estate Technology
Legal
Real Estate Operations
Sales
Business Development
Compliance
Marketing
Property Management
Contract Administration
Client Relations
Risk Management
Finance
Document Management
Real Estate Broker
Property Manager
Real Estate Agent
Sales Director
Business Development Manager
Legal Counsel
Compliance Officer
Real Estate Portfolio Manager
Marketing Manager
Property Valuation Specialist
Real Estate Operations Manager
Contract Administrator
Real Estate Transaction Manager
Client Relations Manager
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