REAL ESTATE AGENCY AGREEMENT

1. PARTIES

Date: [DATE]

1.1 The Owner: Name: [OWNER FULL NAME] Address: [OWNER ADDRESS] Phone: [OWNER PHONE] Email: [OWNER EMAIL]

1.2 The Agent: Name: [AGENCY NAME] Trading As: [AGENCY TRADING NAME] ABN: [AGENCY ABN] Address: [AGENCY ADDRESS] Phone: [AGENCY PHONE] Email: [AGENCY EMAIL] License Number: [AGENT LICENSE NUMBER]

2. PROPERTY DETAILS

Address: [PROPERTY ADDRESS]

Title Reference: [TITLE REFERENCE NUMBER]

Council: [LOCAL COUNCIL NAME]

3. APPOINTMENT AND AUTHORITY

3.1 Type of Agency: [ ] Exclusive Agency [ ] Sole Agency [ ] Open / General Agency [ ] Auction Appointment

3.2 Authority Period: This Agreement commences on [START DATE] and ends on [END DATE] at [END TIME].

3.3 Extension: [ ] The agreement cannot be extended without written consent. [ ] The agreement may be extended for a further period of [NUMBER] days on written notice.

4. APPOINTED DUTIES

The Agent agrees to:

4.1 Advertise and promote the Property to find a buyer. 4.2 Present all written offers to the Owner promptly. 4.3 Negotiate the best price and terms on behalf of the Owner. 4.4 Provide regular updates on marketing progress. 4.5 Verify the financial capacity of prospective buyers where possible.

5. SELLING PRICE

5.1 Estimated Selling Price: The Owner advises that the expected selling price is $[PRICE AMOUNT].

5.2 Advertising Price: The Agent will advertise the Property at a price of $[ADVERTISING PRICE].

6. REMUNERATION AND COMMISSION

6.1 Commission Rate: The Owner agrees to pay the Agent a commission of [NUMBER]% of the Sale Price.

6.2 Fixed Amount: Alternatively, the Owner agrees to pay the Agent a fixed fee of $[FEE AMOUNT].

6.3 Plus GST: The commission amount [ ] includes / [ ] excludes GST.

6.4 When Payable: The Commission becomes payable and due: [ ] Upon exchange of contracts. [ ] On settlement of the property. [ ] When the Agent introduces a buyer who is ready, willing, and able to purchase.

6.5 Expenses: The Owner agrees to pay for approved marketing expenses.

7. MARKETING AND ADVERTISING

7.1 Marketing Plan: The Agent recommends the following marketing activities:

• Internet Listing on [PORTAL NAME]: Cost $[COST]
• Professional Photography: Cost $[COST]
• Floor Plan: Cost $[COST]
• For Sale Sign: Cost $[COST]
• Newspaper Advertisement: Cost $[COST]

Total Estimated Marketing Budget: $[TOTAL BUDGET]

7.2 Authority to Spend: The Owner authorises the Agent to spend up to $[SPEND LIMIT] on marketing without further approval.

8. CONSUMER PROTECTION STATEMENTS

8.1 Cooling Off: The Owner acknowledges that they have a cooling off period of [TIMEFRAME] to cancel this agreement.

8.2 Estimates: The Owner acknowledges that the selling price is an estimate only and not a valuation.

8.3 Complaints: Information about the complaints handling process is available at [WEBSITE URL].

9. TERMINATION

9.1 By Owner: The Owner may terminate this agreement by giving [NUMBER] days written notice to the Agent.

9.2 Breach: Either party may terminate this agreement immediately if the other party commits a serious breach.

9.3 Holding Period: If the Owner terminates this agreement, the Owner agrees to pay commission if a buyer introduced by the Agent purchases the property within [NUMBER] days after termination.

10. SIGNATURES

SIGNED BY THE OWNER:

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[OWNER SIGNATURE]

Date: _______________

SIGNED BY THE AGENT:

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[AGENT SIGNATURE]

Date: _______________

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[WITNESS SIGNATURE]

Date: _______________