¶¶Òõ¶ÌÊÓÆµ

For Sale By Owner Commission Agreement Template for Malaysia

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your For Sale By Owner Commission Agreement

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

For Sale By Owner Commission Agreement

"I need a For Sale By Owner Commission Agreement for my luxury condominium in Kuala Lumpur, with a 2% commission rate and a 6-month listing period starting March 1, 2025, including specific terms for professional photography and virtual tours."

Document background
The For Sale By Owner Commission Agreement is essential in Malaysian real estate transactions where property owners engage real estate agents while maintaining primary control over the sale process. This document is typically used when owners want to actively participate in the sale while leveraging professional real estate services. It establishes clear parameters for commission payments, defines the scope of agent services, and protects both parties' interests under Malaysian law. The agreement must comply with the Valuers, Appraisers, Estate Agents and Property Managers Act 1981 and related regulations, making it suitable for both residential and commercial property sales. It includes detailed sections on commission structures, marketing responsibilities, property access arrangements, and terms of engagement, while ensuring alignment with local real estate practices and legal requirements.
Suggested Sections

1. Parties: Identification of the property owner and the real estate agent/agency, including all relevant contact details and registration numbers

2. Background: Context of the agreement, including the owner's intention to sell the property and engage the agent's services

3. Definitions: Key terms used throughout the agreement, including 'Property', 'Commission', 'Listing Period', and 'Selling Price'

4. Appointment and Authority: Formal appointment of the agent and scope of authority granted by the property owner

5. Property Details: Complete description of the property being sold, including legal description and address

6. Commission Structure: Detailed explanation of commission rates, calculation method, and payment terms

7. Term of Agreement: Duration of the agreement, including start and end dates

8. Agent's Obligations: Detailed list of services and duties to be performed by the agent

9. Owner's Obligations: Property owner's responsibilities and commitments during the listing period

10. Payment Terms: Specifics about when and how the commission will be paid

11. Termination: Conditions and procedures for ending the agreement

12. Governing Law: Specification that Malaysian law governs the agreement

Optional Sections

1. Protection Period: Defines a period after agreement termination during which the agent may still be entitled to commission; include when standard practice in the region

2. Marketing Plan: Specific details of how the property will be marketed; include when comprehensive marketing services are part of the agreement

3. Dispute Resolution: Procedures for handling disagreements; include when parties prefer specific dispute resolution mechanisms

4. Exclusivity Clause: Terms making the agreement exclusive; include when the arrangement is exclusive

5. Property Access: Terms regarding access to the property for viewings; include when specific arrangements are needed

6. Commission Exceptions: Specific situations where commission rates may vary; include when there are multiple commission scenarios

Suggested Schedules

1. Schedule A - Property Details: Detailed description of the property, including lot number, title details, and specific inclusions/exclusions

2. Schedule B - Commission Structure: Detailed breakdown of commission rates and calculation methods

3. Schedule C - Marketing Services: Comprehensive list of marketing services to be provided by the agent

4. Appendix 1 - Required Documents: List of documents required from the owner for the listing

5. Appendix 2 - Property Photos: Approved photographs of the property for marketing purposes

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓÆµ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions


























Clauses




























Relevant Industries

Real Estate

Residential Property

Commercial Property

Property Development

Legal Services

Professional Services

Relevant Teams

Legal

Real Estate

Compliance

Sales

Property Management

Contract Administration

Document Control

Business Development

Relevant Roles

Real Estate Agent

Property Owner

Estate Agency Director

Legal Counsel

Property Manager

Compliance Officer

Real Estate Broker

Sales Manager

Property Consultant

Contract Administrator

Real Estate Transaction Coordinator

Industries







Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Lease Purchase Agreement Property

A Malaysian law-governed agreement combining property lease terms with a future purchase option, establishing rights and obligations for both leasing and buying phases.

find out more

Corporate Lease For Residential Property

A Malaysian law-governed lease agreement for corporate entities renting residential property, incorporating key corporate and property law requirements.

find out more

Commercial Real Estate Agreement

A Malaysian law-governed agreement establishing terms for commercial real estate transactions, including property sale, purchase, or lease arrangements.

find out more

Area Purchase Contract

A Malaysian law-governed agreement for the purchase and sale of land areas, incorporating local legal requirements and transfer provisions.

find out more

Real Estate Offer And Acceptance Contract

A Malaysian legal document that formalizes the agreement between parties for the sale and purchase of real estate, compliant with Malaysian property laws and regulations.

find out more

Land Development Agreement

A Malaysian law-governed agreement between landowner and developer establishing terms and conditions for land development projects.

find out more

Joint Venture Property Development Agreement

A Malaysian law-governed agreement establishing a joint venture between parties for property development, detailing contributions, responsibilities, and profit-sharing arrangements.

find out more

Offer To Lease Commercial Property

A formal written offer to lease commercial property in Malaysia, outlining proposed terms and conditions under Malaysian law.

find out more

One To Four Family Residential Contract

Malaysian residential property sale and purchase agreement for one to four family units, compliant with local property laws and regulations.

find out more

Area Residential Purchase Contract

A Malaysian law-governed contract for the sale and purchase of residential property, ensuring compliant transfer of ownership between parties.

find out more

Purchase Agreement For House For Sale By Owner

A Malaysian law-governed agreement for direct property sale between private seller and buyer, without real estate agent involvement.

find out more

Lease With Option To Buy Commercial Property

Malaysian law-governed agreement combining commercial property lease terms with a future purchase option, structured under the National Land Code 1965.

find out more

Real Estate Middleman Contract

A Malaysian law-governed agreement establishing the terms and conditions between a property owner and real estate agent for property marketing and sales services.

find out more

Simple Commercial Lease

A straightforward commercial lease agreement under Malaysian law for standard business property rentals.

find out more

Home Contract Agreement

A Malaysian law-governed agreement for the sale and purchase of residential property, detailing terms, conditions, and obligations of all parties involved.

find out more

Joint Sale Agreement Property

A Malaysian law-governed agreement for the joint sale of property by multiple owners, incorporating local property transfer requirements and regulations.

find out more

Basic Real Estate Contract

A standard Malaysian real estate sale and purchase agreement compliant with National Land Code 1965 and state property laws.

find out more

Real Estate Profit Sharing Agreement

A Malaysian law-governed agreement establishing profit-sharing arrangements between parties involved in real estate investments or developments.

find out more

Real Estate Earnest Money Agreement

A Malaysian law-governed agreement establishing property purchase commitment through earnest money deposit, outlining transaction terms and buyer/seller obligations.

find out more

For Sale By Owner Commission Agreement

A Malaysian legal agreement between property owner and real estate agent defining commission terms and responsibilities for property sale services.

find out more

Contract To Sell Property

A Malaysian law-governed agreement for the transfer of property ownership from seller to buyer, outlining all essential terms and conditions of the sale.

find out more

Property Swap Agreement

A Malaysian law-governed agreement facilitating the exchange of real properties between parties, detailing terms, conditions, and compliance requirements for property swaps.

find out more

Lease To Own Property Agreement

A Malaysian law-governed agreement combining property lease terms with a future purchase option, allowing tenants to rent with the right to buy.

find out more

Real Estate Buyout Agreement

A Malaysian law-governed agreement documenting the terms and conditions for the purchase and sale of real estate property.

find out more

Property Donation Agreement

A Malaysian law-governed agreement facilitating the voluntary transfer of real property as a gift from donor to donee, complying with National Land Code requirements.

find out more

Option Agreement Land

A Malaysian law-governed agreement granting an exclusive right to purchase specified land within a defined period at a predetermined price.

find out more

Commercial Property Contract

A Malaysian law-governed agreement for the sale and purchase of commercial property, outlining terms, conditions, and obligations of all parties involved.

find out more

Real Estate Operating Agreement

A Malaysian law-governed agreement establishing terms for professional operation and management of real estate property, detailing operational responsibilities and performance standards.

find out more

Vacant Land Lease Agreement

A Malaysian law-governed agreement establishing terms and conditions for leasing vacant land, including usage rights, obligations, and compliance with local regulations.

find out more

Land Exchange Agreement

A Malaysian law-governed agreement facilitating the exchange of land between parties, compliant with the National Land Code 1965 and state regulations.

find out more

Residential Property Lease Agreement

A Malaysian law-compliant agreement governing the lease of residential property between landlord and tenant, establishing key terms and conditions.

find out more

Trust Agreement For Property

A Malaysian law-governed agreement establishing a property trust arrangement, defining trustee powers and beneficiary rights.

find out more

Wholesale Real Estate Contract

A Malaysian law-governed agreement for wholesale real estate transactions, enabling property rights assignment between seller, wholesaler, and end buyer.

find out more

Wholesale Agreement Contract

Malaysian law-governed agreement establishing terms and conditions for wholesale trading relationships between suppliers and buyers.

find out more

Property Co Ownership Agreement

A Malaysian law-governed agreement establishing terms and conditions for shared property ownership between multiple parties.

find out more

Land Contract

A Malaysian law-governed agreement for the sale and purchase of land, complying with the National Land Code 1965 and state regulations.

find out more

Property Lease Agreement

A Malaysian law-compliant agreement establishing terms and conditions for property leasing between landlord and tenant.

find out more

Property Agreement

A Malaysian law-governed agreement establishing terms and conditions for property transfer or sale, ensuring compliance with local property legislation and regulations.

find out more

Commercial Rental Agreement

A Malaysian law-governed agreement establishing terms for commercial property rental between landlord and tenant.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

³Ò±ð²Ô¾±±ð’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ³Ò±ð²Ô¾±±ð’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.