Agency Agreement for Sale of Property - Fixed Commission (Canada)

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This agreement is to be used by a property owner who is retaining a licensed real estate agent. The property owner is retaining the agent to sell the specified property only. The agreement includes provisions covering the appointment, compensation, delegation of responsiblities, term and many more. This form is desinged for those situations where the real estate agent is receiving a fixed commission for his/her services.

This packet contains:
(1) Agency Agreement for Sale of Property Information
(2) Agency Agreement for Sale of Property

This form can be used in the following provinces and territories: Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland and Labrador, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Saskatchewan and Yukon.

Among others, this form includes the following provisions:
• Interpretation
• Engagement of Agent
• Agent's Obligations
• Owner's Obligations
• Mutual Covenants
• General Provisions

Agency Agreement for Sale of Property - Fixed Commission (Canada)

Product Details

Product Agency Agreement for Sale of Property - Fixed Commission (Canada)
Country Canada
Pages 10
Dimensions Designed for Letter Size (8.5" x 11")
Printer compatibility Designed to print on all ink-jet and laser printers
Editable Yes (.doc, .wpd and .rtf)
Format Microsoft Word
Platform Windows Compatible
Mac Compatible
Linux Compatible
Availability In Stock. Instant Download
Usage Unlimited number of prints
Category Agency Agreements
Product number #28681
Download time Less than 1 minute (approx.)
Document Access Via secret online address
Email with download links
Email with attachment upon request
Refund Policy 60 days, no-questions asked, 100% money back guarantee

Frequently Asked Questions

An Agency Agreement for Sale of Property is a legal document that formalizes the relationship between a property owner and a licensed real estate agent. It outlines the terms of engagement, including the agent's responsibilities, the commission structure, and other key provisions.

A fixed commission means that the real estate agent will receive a predetermined percentage or amount as compensation for their services, regardless of the final sale price of the property. This provides clarity and predictability for property owners.

This agreement is designed for use in multiple provinces and territories across Canada, including Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland and Labrador, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Saskatchewan, and Yukon.

The agreement generally includes provisions related to the interpretation of terms, engagement of the agent, obligations of both the agent and the owner, mutual covenants, and general provisions that govern the agreement.

While it is not mandatory, having a lawyer review the agreement can be beneficial. They can ensure that the terms are fair, comply with local laws, and protect your interests as a property owner.

Is This Form Right For You?

Use This Form If:

  • Individuals who own residential or commercial properties and wish to sell them can utilize this agreement to formalize their relationship with a licensed real estate agent. By clearly outlining the terms of engagement and commission structure, property owners can ensure that both parties understand their responsibilities and expectations.
  • Situations requiring a clear delineation of duties between a property owner and a real estate agent are ideal for this agreement. It provides a structured approach to the selling process, ensuring that the agent is held accountable for their obligations while the owner retains control over the property sale.
  • For those looking to sell their property without the uncertainty of commission rates fluctuating, this agreement is beneficial. It establishes a fixed commission, allowing property owners to budget effectively and avoid unexpected costs during the selling process.
  • Real estate agents seeking to solidify their role in the sale of a property can use this agreement to protect their interests. By having a formal contract in place, agents can ensure they are compensated fairly for their services and efforts in marketing and selling the property.
  • In cases where multiple agents may be involved in selling a property, this agreement helps clarify the specific agent's role and responsibilities. It prevents potential conflicts and misunderstandings by defining the scope of work and the terms of compensation.

Do Not Use If:

  • – This form is not appropriate for situations where the property owner intends to sell the property independently without the assistance of a real estate agent. In such cases, a different type of agreement or no formal agreement may be necessary.
  • – If the property owner is considering a variable commission structure rather than a fixed commission, this agreement would not be suitable. A different contract that accommodates variable commissions should be utilized instead.
  • – In instances where multiple agents are involved and a single agent cannot be clearly designated, this agreement may not be effective. A more comprehensive agreement that addresses multiple agents' roles would be needed.
  • – This form is not suitable for rental agreements or lease arrangements, as it specifically pertains to the sale of property rather than leasing or renting.
  • – If the property is located in a jurisdiction not covered by this agreement, it would be inappropriate to use this form. Local laws and regulations may require different documentation.

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