Exclusive Brokerage Agreement Template

  • 3 min read
  • Feb 29, 2020

Using an Exclusive Brokerage Agreement Template to draft an agreement for your exclusive brokerage can give you a leg up on other salespeople and give you an advantage in the competitive market place. Nowadays, with all the new deals being offered by brokerage firms, there are even more potential business partners available. This can make it tough to pick a good brokerage and get things done the right way. A template can help you out here, though.

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63 New Mortgage Agreement Pdf from exclusive brokerage agreement template, source: adrianpaulpeace.org

The worst part about standard business agreements is that they are so vague and general. There is no way to make sense of them. This is a huge turn off for most buyers. So when looking for an exclusive agreement, you will want to be sure that it is as clear and simple as possible, and that there is nothing ambiguous or open to interpretation.

Having an exclusive agreement drafted is a way to establish you as the only source of all the money for this deal. It is almost like a lease, where you can do what you want with the property once the broker has been paid. Even though you are making a down payment upfront, you will be footing the entire bill for everything that is being done with the property after that point.

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This is why these types of agreements are important because it keeps the parties on their terms. It sets the terms and the spending limit upfront, making a buyer feel confident that he is getting his money’s worth and is not going over the allocated amount. You can be assured that the buyer won’t feel a need to have something other than the exclusivity agreement in place if you don’t offer the buyer exactly what he asked for. He should feel happy with the amount of work you put into finding him a buyer.

An exclusive brokerage agreement template can also be used to add more than just exclusivity to a deal. With this, the brokerage firm would usually offer the buyer a commission based on the total cost of the purchase. They would typically offer a certain amount for the listing of the property and additional amounts for pre-sales and so forth. Most of these exclusivity agreements would also allow the brokerage firm to keep part of the gross sale price, though usually, around 10% would be the norm.

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63 New Mortgage Agreement Pdf from exclusive brokerage agreement template, source: adrianpaulpeace.org

If you are a seasoned professional in real estate, a brokerage agreement template may not be something you’re interested in creating. However, if you are just starting and looking for ways to make money, then a template can be very useful. All you would have to do is to make sure that you use one that is simple and straightforward and that isn’t too complicated.

If you want to learn more about how to create an exclusive agreement, then why not talk to someone who has already done it? Have them show you the techniques and strategies that they have used to grow their business. These will help to give you a leg up on the competition.

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Creating an exclusive agreement will give you an advantage over your competition and will get you off to a great start. It will also give you the peace of mind that you need to take care of your business and not worry about whether or not you are earning enough money to make the next big deal.

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