Disclaimer
The information provided relates to an agreement outlining compensation arrangements within the real estate brokerage industry. This content is intended solely for general informational purposes and does not constitute legal advice or create any legal obligations. Users should consult with qualified legal professionals to ensure compliance with applicable laws and regulations in their jurisdiction. The use of this material is at the user’s own risk, and the provider accepts no liability for any inaccuracies or adverse consequences resulting from its application without proper legal review.
Please note: This is a sample Commission Agreement template for the United States, intended for illustrative purposes only. Actual terms may vary depending on specific arrangements and applicable federal and state laws.
Commission Agreement US Sample
Parties Involved:
Broker: ABC Real Estate LLC
Address: 789 Market Street, San Francisco, CA 94103
Client: XYZ Property Owner
Address: 456 Oak Lane, San Francisco, CA 94109
Property Description:
The property involved in this agreement is located at 789 Elm Street, San Francisco, CA 94107, or other designated real estate as specified in subsequent negotiations.
Commission Terms:
The broker shall be entitled to a commission of 6% of the total sale price or lease value, payable upon closing of the transaction, or as otherwise specified herein.
Broker Responsibilities:
The broker agrees to perform all duties related to marketing, showing, and negotiating on behalf of the client, in accordance with applicable laws and standards of professional conduct.
Governing Law:
This agreement shall be governed by the laws of the State of California. Disputes shall be resolved within the jurisdiction of the San Francisco courts.
Additional Provisions:
- The client agrees to cooperate fully with the broker in relation to the transaction.
- This agreement may be amended only in writing signed by both parties.
- Commissions earned are payable only upon successful closing of the transaction.
San Francisco, ______________________
John Doe (Broker)
Jane Smith (Client)