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Selling Agency Agreement

Be careful not to compromise your relationship with the current listing agency – do not make any negative comments about how the property was listed or the listing agent. After the conclusion or termination of this real estate agency contract, the agent will return all of the following real estate as well as any additional real estate received from the seller for the property. If you are not the sole owner of the property, either all owners must sign the agency contract or prove that you have the authority to sign for all other owners. (You must provide the agent with written confirmation, z.B. a warrant, a directors` order, a company minutes, or a court document.) You must give the seller a copy of the New Zealand Residential Property Agency Agreement Guide [PDF, 2.2 MB] [PDF, 2.2 MB] before signing the contract and asking the seller to confirm in writing that they have received it. Pending an unconditional agreement, you can decide at any time that you do not want to sell your property and withdraw from the market. In some agreements, the termination of an individual agency contract means that it becomes a general agency contract. You must also cancel this cancellation if you do not wish to continue with the Agency. You should recommend that the seller seek his own legal advice and give him a reasonable period of time before signing the agency contract.

This real estate agency contract constitutes, with all the attached documents, the entire agreement between the parties. You should recommend the best way to sell your property, for example through a tender, a tender, an auction or the sale deadline. The agreement defines how you have accepted the sale and marketing you have accepted for the agency. You can choose to list your property with a new agency at a later date. If the first agency has already carried out work that contributes to the sale of the property (for example. B the idea of a potential buyer who will buy it next), you may still have to pay them a commission. Be sure to inquire with your new agency about the risk of paying two commissions. Exclusive agency contracts are usually used for the sale of housing. In this type of agreement, you give a broker the exclusive rights to sell your property.

This may entitle the broker to a commission if the property is sold during the fixed term of the contract, even if the property is sold by you or another broker. The broker may also be entitled to a commission if the property is later sold to a person who negotiated with the original broker for the property. If you have an individual representation contract, you may not be able to terminate the contract prematurely unless the Agency agrees, but you can withdraw your property from the market until the agency contract expires. . . .