REAL ESTATE SALES EMPLOYMENT CONTRACT
AGREEMENT FOR EMPLOYMENT
This agreement will be effective as of _____________ (date), between
____________ _______________, of
(address) hereinafter referred to as broker, and ___________________________,
of ______________________________________ ____________________ (address)
hereinafter referred to as sales representative.
1. The broker is a ___________________ (registered or licensed) real estate
broker doing business that involves ________________________ (areas of real
estate) real estate.
2. The sales representative is _______________ (registered or licensed or
qualified) to deal with the public as such.
The broker and sales representative do hereby agree as follows:
OBLIGATIONS OF BROKER
1. The broker agrees to make available all current listings presently existing
between and among the sales representatives in the brokers office. The broker further agrees to assist the
2. The representative may share with other representatives the facilities that
are in the possession of the broker.
DUTIES OF SALES REPRESENTATIVE
1. The sales representative promises to work diligently to sell, lease, or rent
any and all real estate listed with broker.
The sales representative must
also solicit additional listings, customers and business for the broker.
2. The sales representative must conduct ____________ (himself or herself) in a
manner that will increase the good will and reputation of the broker.
The sales representative will receive ________________ (no salary or a minimum
salary of ________________ ($__________) per month). Commissions shall be paid to the sales representative as follows:
(a) _________ percent (______%) of commissions for the sale of real property.
(b) _________ percent (______%) of commissions for lease or the rental of
(c) _________ percent (______%) of commissions for the purchase of property.
Sales representative has the authority to set __________ (his or her) own work
schedule unless the broker has a particular need to assign a certain duty.
UNAUTHORIZED USE OF INFORMATION
The sales representative may not discuss any unauthorized corporate
information. Following the termination of this agreement, the sales
representative shall not use any such information to __________ (his or her)
The relationship created by this agreement can be terminated by either party
with a __________ (___) day(s) written notice.
It is agreed that this agreement shall be governed by the laws of the State of
ARBITRATION OF DISPUTES
All disputes regarding the rights and obligations of either party are subject
to arbitration. Either party may make a
demand for arbitration by filing such a demand to the other party within
__________ (__) days after the dispute arises.
Arbitration will then be conducted according to the agreement and the
laws of the state of __________.
Any notice provided for or concerning this agreement shall be in writing and
sent by certified or registered mail to the respective address of each party.
In witness whereof, both parties of this agreement have caused it to be
executed at _____________________________ (place of execution) on
______________ (date) as indicated.