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Real Estate Middleman Contract for the United States

Real Estate Middleman Contract Template for United States

A legal agreement governed by U.S. federal and state laws that establishes the terms and conditions under which a real estate professional acts as an intermediary between property owners and potential buyers or tenants. The contract defines responsibilities, commission structures, duration, and compliance requirements with relevant real estate regulations. It includes specific provisions for property marketing, showing arrangements, and transaction facilitation while adhering to state-specific licensing and disclosure requirements.

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What is a Real Estate Middleman Contract?

The Real Estate Middleman Contract is a crucial document in U.S. property transactions that formalizes the relationship between property owners and real estate professionals. This contract type is essential when engaging a licensed agent or broker to market and facilitate property sales or leases. It outlines commission structures, service scope, and compliance with federal and state real estate regulations. The agreement is particularly important in protecting all parties' interests and ensuring clear communication of responsibilities and expectations in the property transaction process.

What sections should be included in a Real Estate Middleman Contract?

1. Parties: Identification of middleman, property owner, and potential buyers/sellers

2. Background: Context of the agreement and property details

3. Definitions: Key terms used throughout the contract including relevant legal and real estate terminology

4. Services: Specific duties and responsibilities of the middleman in the real estate transaction

5. Commission Structure: Payment terms and conditions, including commission rates and payment schedules

6. Term and Termination: Duration of agreement and conditions for termination or renewal

7. Representations and Warranties: Statements of fact and assurances by all parties involved

What sections are optional to include in a Real Estate Middleman Contract?

1. Exclusivity: Terms of exclusive representation and any territorial restrictions

2. International Considerations: Special terms and conditions for international transactions or clients

3. Marketing Requirements: Specific marketing obligations and strategies to be employed

What schedules should be included in a Real Estate Middleman Contract?

1. Property Details Schedule: Comprehensive description of the property(ies) covered under the agreement

2. Commission Schedule: Detailed breakdown of commission structures, calculations, and payment terms

3. Required Disclosures: State-mandated real estate disclosures and compliance documentation

4. Marketing Plan: Detailed marketing strategy, timeline, and specific promotional commitments

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

Jurisdiction

United States

Cost

Free to use
Clauses






























Industries

RESPA Compliance: Real Estate Settlement Procedures Act requirements governing real estate transactions, including disclosure requirements and prohibition of kickbacks

Fair Housing Act: Federal law prohibiting discrimination in real estate transactions based on race, color, religion, sex, national origin, disability, or familial status

TILA Compliance: Truth in Lending Act requirements ensuring accurate disclosure of credit terms and costs in real estate transactions

State Licensing Requirements: Specific state-mandated licensing and certification requirements for real estate brokers and agents

NAR Code of Ethics: Professional standards and ethical requirements set by the National Association of REALTORS��

State Broker Regulations: State-specific rules governing broker conduct, responsibilities, and obligations in real estate transactions

Commission Structure Rules: State and federal regulations regarding commission arrangements, splits, and disclosure requirements

Consumer Protection Laws: Federal and state laws protecting consumer interests in real estate transactions, including FTC regulations and state consumer protection acts

Documentation Requirements: Mandatory contract elements, disclosures, and record-keeping requirements specified by federal and state laws

Business Operation Requirements: Legal requirements for business registration, tax compliance, and insurance coverage for real estate operations

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

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