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Real Estate Broker Agreement
"I need a Real Estate Broker Agreement for multiple high-end residential properties in Auckland, New Zealand, with provisions for international marketing and a tiered commission structure based on achieving prices above market valuations."
1. Parties: Identification of the property owner/seller and the real estate broker/agency, including full legal names and contact details
2. Background: Context of the agreement, including brief description of the property and the parties' intention to enter into a real estate agency relationship
3. Definitions: Key terms used throughout the agreement, including technical and legal terminology
4. Appointment and Authority: Formal appointment of the broker and scope of authority granted
5. Term of Agreement: Duration of the agency relationship, including start date and end date or conditions for termination
6. Broker's Services and Obligations: Detailed description of services to be provided by the broker, including marketing, showings, and negotiation responsibilities
7. Client's Obligations: Property owner's responsibilities, including providing accurate information and maintaining the property
8. Commission and Fees: Detailed breakdown of commission structure, payment terms, and any additional fees
9. Marketing and Advertising: Specifics about marketing strategy, advertising methods, and associated costs
10. Property Information: Details about the property, including address, title information, and disclosure requirements
11. Termination: Conditions and process for ending the agreement by either party
12. Confidentiality: Obligations regarding confidential information and privacy requirements
13. Dispute Resolution: Process for handling disagreements between parties
14. General Provisions: Standard legal clauses including governing law, entire agreement, and amendments
1. International Marketing: Additional provisions for marketing to international buyers, including overseas advertising and foreign language materials
2. Multiple Properties: Specific terms for handling multiple properties under the same agreement
3. Auction Terms: Special provisions if the property is to be sold by auction
4. Property Management: Additional terms if the broker will provide property management services before sale
5. Special Conditions: Any unique requirements or conditions specific to the property or circumstances
6. Digital Marketing Services: Specific provisions for enhanced digital marketing services and online platforms
7. Photography and Staging: Terms relating to professional photography, virtual tours, and home staging services
1. Schedule 1: Property Details: Comprehensive description of the property, including legal description, improvements, and known issues
2. Schedule 2: Commission Structure: Detailed breakdown of commission rates, calculation methods, and payment terms
3. Schedule 3: Marketing Plan: Detailed marketing strategy and budget allocation
4. Schedule 4: Disclosure Statement: Required disclosures under the Real Estate Agents Act 2008
5. Appendix A: Property Photos and Floor Plans: Current photographs and floor plans of the property
6. Appendix B: Title Documents: Copies of relevant title documents and certificates
7. Appendix C: Agency Authority Form: Standard form required under New Zealand real estate regulations
Authors
Real Estate
Property Development
Professional Services
Property Management
Commercial Property
Residential Property
Legal Services
Property Investment
Legal
Compliance
Real Estate Sales
Property Management
Operations
Business Development
Contract Administration
Risk Management
Marketing
Finance
Real Estate Agent
Property Manager
Real Estate Broker
Agency Director
Sales Manager
Legal Counsel
Compliance Officer
Contract Administrator
Business Development Manager
Property Sales Consultant
Regional Sales Director
Transaction Coordinator
Real Estate Operations Manager
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