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As a real estate agent or broker, it`s important to understand the ins and outs of a sole selling agent agreement. This legal document outlines the terms of your relationship with a client, specifically in regard to selling their property.

A sole selling agent agreement gives you exclusive rights to sell a property on behalf of the client. The document outlines the terms and conditions of the agreement, such as the commission rate, the duration of the agreement, and your responsibilities as the sole agent.

Here`s what you should include in a typical sole selling agent agreement format:

1. Definitions: This section should define all the key terms used throughout the agreement, including “agent,” “property,” “commission,” and “duration.”

2. Appointment: In this section, you should specify the effective date of the agreement and confirm that the client has appointed you as their sole selling agent.

3. Scope of Services: This section should detail the services that you will provide as the sole agent. This typically includes the marketing of the property, property viewings, and negotiating with potential buyers.

4. Duration and Termination: The duration of the agreement should be specified, along with the process for terminating the agreement before the end date.

5. Commission: This section should specify the commission rate that you will receive upon the successful sale of the property.

6. Warranties and Representations: This section should confirm that the client is the legal owner of the property and has the right to sell it.

7. Confidentiality: This section should outline the measures you will take to keep confidential information about the client and the property private.

Overall, a well-written sole selling agent agreement is crucial for ensuring a successful and profitable transaction for both you and your client. Be sure to consult a legal professional before drafting and signing any legal document.