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- REAL ESTATE BROKER'S
- AGREEMENT
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- This Agreement is made this _______day of _____, 19__
- between ________________as ("Principal") and _________________ as
- Real Estate Broker ("Broker").
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- Whereas, the Principal is the owner of real property with
- a post office address of ___________________________________ (the
- "Property").
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- Whereas, the Principal desires to employ the Broker for,
- and the Broker is willing to act for the Principal in, selling
- the Property.
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- Now therefore, in consideration of the mutual covenants
- and promises contained herein, it is agreed as follows:
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- 1. The Principal shall employ the Broker as his
- exclusive agent to sell the Property for $__________ and upon
- the other terms and conditions contained herein.
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- 2. The Broker accepts the appointment and shall use his
- best efforts to procure a ready, willing and able buyer of the
- Property in accordance with the terms of this Agreement.
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- 3. The Principal shall refer all prospective purchasers
- of the Property to the Broker.
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- 4. The Principal shall pay the Broker a fee of ______%
- of the purchase price accepted by the Principal if (a) the Broker
- procures a buyer ready, willing and able to purchase the Property
- upon the terms contained in this Agreement or upon other terms
- acceptable to the Principal; or (b) If the Property is purchased
- by anyone who was introduced to the Property by the Broker during
- the time of this Agreement, or any extension thereof, is in full
- force and effect; or (c) during the term of this Agreement, the
- Property is sold.
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- 5. This Agreement shall commence on ___________,19__ and
- terminate on ___________,19__.
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- Time is of the essence.
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- Signed under seal this ________day of _______, 19__.
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- ___________________________ _________________________
- Broker Principal
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- By:_________________________ Form 604
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