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Listing Agreement Template for Singapore

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Key Requirements PROMPT example:

Listing Agreement

"Need a Listing Agreement for my luxury condominium in Singapore's Orchard Road area, with exclusive marketing rights for 6 months starting January 2025, including international marketing provisions and a tiered commission structure based on achieving different price points."

Document background
The Listing Agreement serves as the foundational document for property marketing arrangements in Singapore's real estate market. It is required whenever a property owner engages a licensed real estate agent to market their property. The agreement must comply with Singapore's Estate Agents Act 2010 and CEA regulations, which mandate specific content and prescribed forms. This document outlines the scope of the agent's authority, commission structure, marketing approach, and duration of the listing, while protecting both parties' interests under Singapore law. The Listing Agreement can be either exclusive or non-exclusive, depending on whether the owner wishes to engage multiple agents.
Suggested Sections

1. Parties: Details of the property owner and the appointed estate agent/agency

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

3. Definitions: Key terms used throughout the agreement

4. Appointment and Authority: Scope of agent's appointment and authorized activities

5. Property Details: Comprehensive description of the property being listed

6. Listing Price: Agreed listing price and pricing strategy

7. Commission Structure: Details of commission rates and payment terms

8. Duration: Term of the listing agreement including start and end dates

9. Obligations of Parties: Responsibilities of both agent and property owner

10. Termination: Conditions and process for ending the agreement

Optional Sections

1. Exclusivity Clause: Used when the listing is exclusive to one agent - applies for exclusive listing arrangements

2. Marketing Strategy: Specific marketing approaches to be used - included when specific marketing commitments are agreed

3. Property Access: Terms for accessing the property for viewings - included when specific access arrangements are needed

4. International Marketing: Provisions for marketing property internationally - for high-value properties targeting international buyers

Suggested Schedules

1. Property Details Schedule: Detailed description of property including floor plans and specifications

2. Commission Schedule: Detailed breakdown of commission structure and calculations

3. Marketing Plan: Detailed marketing strategy and timeline

4. Property Photographs: Official photographs of the property for listing

5. CEA Prescribed Forms: Mandatory forms required by the Council for Estate Agencies

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈ˰æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions


























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Industries

Estate Agents Act 2010: Primary legislation governing real estate agency work in Singapore, establishing the regulatory framework and Council for Estate Agencies (CEA)

Estate Agents (Estate Agency Work) Regulations 2010: Detailed regulations specifying requirements for estate agency work, including prescribed forms and procedures

Estate Agents (Dispute Resolution Schemes) Regulations 2010: Regulations outlining dispute resolution mechanisms and procedures for real estate transactions

CEA Guidelines and Regulations: Regulatory guidelines issued by Council for Estate Agencies covering professional conduct and compliance requirements

CEA Professional Service Manual: Comprehensive manual providing standards and best practices for estate agents and agencies

CEA Practice Guidelines: Specific guidelines for estate agents and salespersons regarding professional conduct and responsibilities

Contract Act (Chapter 53): General contract law principles applicable to listing agreements and real estate transactions

Personal Data Protection Act 2012: Legislation governing the collection, use, and disclosure of personal data in Singapore

Competition Act (Chapter 50B): Legislation ensuring fair competition practices in real estate services

Consumer Protection (Fair Trading) Act: Law protecting consumers against unfair practices in real estate transactions

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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