Agency Agreement for Sale of Property (Fixed Commission)

This Agency Agreement for Sale of Property is between a property owner and a real estate agent who will sell the property based on a fixed commission. This agreement sets forth the exact terms of the arrangement including the fixed amount of commission to be paid and the obligations of both parties. It is imperative that this type of agreement be in writing rather than through an oral agreement. A written Agency Agreement for Sale of Property on a Fixed Commission will be important in the event there are disagreements or misunderstandings between the seller and agent when the property is sold. (continued ...)