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Co Listing Agent Agreement

Co Listing Agent Agreement Template for Singapore

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Key Requirements PROMPT example:

Co Listing Agent Agreement

"I need a Co Listing Agent Agreement for a luxury condominium development in Singapore, where my agency will be the primary agent with 60% commission share, and we need specific clauses about international marketing rights and cross-border transactions."

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Document background
The Co-Listing Agent Agreement is essential when two licensed real estate agents in Singapore decide to collaborate on marketing and selling a property. This document is particularly relevant when dealing with high-value properties or those requiring broader market reach. It ensures compliance with Singapore's Estate Agents Act and CEA regulations while clearly defining commission structures, marketing responsibilities, and dispute resolution mechanisms. The agreement protects both agents' interests while maintaining professional standards in accordance with Singapore's real estate industry requirements.
Suggested Sections

1. Parties: Details of the listing agents entering into the agreement

2. Background: Context of the co-listing arrangement and property details

3. Definitions: Key terms used throughout the agreement

4. Appointment and Scope: Terms of appointment and scope of services

5. Commission Structure: Commission rates and sharing arrangement

6. Duties and Responsibilities: Specific obligations of each agent

7. Term and Termination: Duration and termination provisions

8. Confidentiality: Protection of confidential information

Optional Sections

1. Marketing Rights: Specific arrangements for marketing and advertising, used when special marketing arrangements are needed

2. Exclusivity: Terms of exclusive rights, if applicable

3. Cross-Border Provisions: Additional terms for international transactions, when relevant

4. Special Commission Arrangements: Used when commission structure differs from standard arrangements

Suggested Schedules

1. Schedule 1 - Property Details: Detailed description of the property being listed

2. Schedule 2 - Commission Structure: Detailed breakdown of commission calculations and sharing

3. Schedule 3 - Marketing Plan: Agreed marketing strategy and responsibilities

4. Appendix A - Required Documentation: List of required documents and forms

5. Appendix B - CEA Guidelines: Relevant excerpts from CEA guidelines

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈË°æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions































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Industries

Estate Agents Act 2010 (Cap. 95A): Primary legislation governing real estate agencies and agents in Singapore, covering licensing requirements, professional duties, obligations, and commission structure regulations

Estate Agents (Estate Agency Work) Regulations 2010: Detailed regulations concerning conduct of estate agency work, including property advertisements, documentation requirements, and co-broking arrangements

Council for Estate Agencies (CEA) Guidelines: Professional service guidelines covering ethics requirements, best practices for co-broking, and commission guidelines set by the regulatory body

Personal Data Protection Act 2012 (PDPA): Legislation governing the handling of client personal data, including consent requirements and data protection obligations

Competition Act (Cap. 50B): Legislation ensuring fair market conduct and regulating anti-competitive practices, including commission sharing arrangements

Contract Law (Common Law): Legal framework governing contract formation, terms and conditions, rights and obligations, and dispute resolution mechanisms

Code of Ethics and Professional Client Care: Professional standards and ethical guidelines specifically for real estate agents, including requirements for co-broking arrangements

AML/CFT Requirements: Prevention of Money Laundering and Countering the Financing of Terrorism requirements, including due diligence, reporting obligations, and documentation requirements

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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