Free Real Estate Seller Agreement

This Real Estate Seller Agreement ("Agreement") is entered into on [Month Day, Year], by and between [Your Company Name], a real estate agency located at [Your Company Address] ("Seller"), and [Agent Name], an individual with their residency located at [Agent Address] ("Agent"). This Agreement governs the relationship between the Seller and the Agent for the sale of the property located at [Property Address] ("Property"). The purpose of this Agreement is to outline the terms under which the Agent will provide services to facilitate the sale of the property on behalf of the Seller.

I. Services Provided by Agent

1. Marketing and Advertising: The Seller's Agent agrees to develop a comprehensive marketing plan, which may include online listings, open houses, print advertisements, and targeted outreach to potential buyers.

2. Listing the Property: The Agent will list the Property in the multiple listing service (MLS) and other relevant real estate platforms.

3. Negotiating Offers: The Agent will assist in negotiating all offers made by prospective buyers, striving to achieve the most favorable terms for the Seller.

4. Facilitating the Closing Process: The Agent will coordinate with legal and financial institutions to ensure a smooth closing process, including document preparation and transfer of ownership.

II. Seller's Responsibilities

1. Property Information: The Seller agrees to provide accurate and complete information regarding the Property, including all known defects or issues.

2. Access to the Property: The Seller agrees to grant reasonable access to the Property for potential buyers and for inspections as needed.

3. Disclosure Requirements: The Seller will comply with all local and state disclosure laws, including informing buyers of any material defects or other pertinent information.

4. Cooperation: The Seller agrees to cooperate with the Agent throughout the listing, showing, and selling process.

III. Commission and Fees

1. Commission: The Seller agrees to pay the Agent a commission of fifteen percent (15%) of the final sale price upon successful closing of the Property sale. This fee will be deducted directly from the proceeds of the sale.

2. Additional Fees: Any additional services requested by the Seller outside of the standard marketing and listing process may incur extra fees. These services and associated fees will be discussed and agreed upon in writing before they are carried out.

IV. Listing Price

The initial listing price for the Property will be priced at fifty thousand dollars ($50,000), as agreed upon by both parties. This price may be adjusted during the term of this Agreement if market conditions or other factors warrant such changes. Any price change must be agreed upon in writing by both the Seller and the Agent.

V. Term of Agreement

This Agreement will commence on [Month Day, Year] and remain in effect for a period of six (6) months or until the Property is sold, whichever occurs first. If the Property is not sold within the agreed-upon period, the parties may renegotiate the terms or terminate the Agreement.

VI. Cancellation of Agreement

Either party may cancel this Agreement upon giving twenty (20) days’ written notice. In the event of cancellation, the Seller may be required to reimburse the Agent for any expenses incurred during the marketing and advertising process.

VII. Disclosure of Offers

The Agent will present all offers to the Seller as soon as they are received. It is the Seller's responsibility to accept, reject, or counter any offer presented. The Agent will provide professional advice, but the final decision lies with the Seller.

VIII. Governing Law

This Agreement will be governed by and construed in accordance with the laws of the State of [State]. Any legal disputes arising from this Agreement will be subject to the jurisdiction of the courts located in [County/State].

IX. Miscellaneous

1. Entire Agreement: This Agreement constitutes the entire understanding between the parties and supersedes any prior discussions or agreements regarding the sale of the Property.

2. Amendments: Any amendments to this Agreement must be made in writing and signed by both the Seller and the Agent.

3. Assignment: This Agreement may not be assigned by either party without the written consent of the other.

IN WITNESS WHEREOF, the parties have executed this Agreement as of the day and year first above written.

Seller Signature:

[Your Name]

[Job Title]

[Your Company Name]

[Month Day, Year]

Agent Signature:

[Agent Name]

[Job Title]

[Month Day, Year]

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