Broker Fee Agreement Template – US

Disclaimer

The information presented here is provided for general illustrative purposes related to real estate transaction fees and contractual arrangements. It is not legal advice and should not replace consultation with a qualified attorney experienced in property law or contractual agreements. Regulations vary by jurisdiction, and modifications may be necessary to ensure compliance with local laws. The use of this example is at the user’s own risk, and we accept no liability for errors, omissions, or legal consequences resulting from its application without professional review.

Please note: The following is a sample Broker Fee Agreement template for illustrative purposes only. Actual terms should be customized to specific agreements and compliant with applicable laws.

Broker Fee Agreement (US) – Sample Template

Parties Involved:

Broker: XYZ Realty LLC
Address: 123 Main Street, New York, NY 10001

Client: John & Jane Doe
Address: 456 Elm Street, New York, NY 10002

Property Description:

The property involved in this agreement is located at 789 Maple Avenue, New York, NY 10003, or other designated real estate as specified in subsequent negotiations.

Broker Fee Terms:

The broker shall be entitled to a fee equal to 3% of the final sale price or lease amount, payable upon closing or during the transaction as mutually agreed.

Broker Responsibilities:

The broker agrees to perform all duties related to marketing, showing, and negotiations in accordance with applicable laws and ethical standards.

Governing Law:

This agreement shall be governed by the laws of the State of New York. Any disputes shall be resolved within the jurisdiction of New York courts.

Additional Provisions:

• The client agrees to cooperate fully with the broker throughout the transaction.
• This agreement may only be amended through written consent signed by both parties.
• Earned commissions are payable only upon the successful closing of the transaction.

New York, ______________________