SAER

🔹 PAGE 1: Establishing the Agency Relationship

Header & Parties

• Seller: Full legal name of the seller (all individuals on title).

• Listing Firm: Your real estate company name.

• Property: Complete property address.
  
  

1. BROKERAGE

A. Relationship

The listing firm agrees to act as a “Standard Agent”. You do not need to modify this language—just understand that this legally binds the firm to:

• Market the property on the seller’s behalf.

• Assist with writing/negotiating offers.

• Present offers in a timely manner—even if already under contract.

• Keep the seller’s information confidential.

• Disclose any material facts known to the firm.

• Comply with all fair housing and real estate laws.
  
  

📌 This section defines your duty of loyalty, care, confidentiality, and disclosure.

B. Dual Agency Disclosure

• Acknowledge that the firm may represent buyers as well.

• Seller agrees to allow the listing firm to show the home to buyers they also represent.

• In the case of a buyer represented by the same firm:

  • Either the same agent acts in a dual capacity (no shared confidential info), or

  • The broker assigns designated agents (separate agents for each side).
    
    

📌 No changes needed unless your brokerage uses designated agency exclusively—note this verbally or in training.

🔹 PAGE 2: Brokerage Fee Terms

2. BROKERAGE FEE

A. Commission for Sale

• Insert the commission rate (e.g., “6%”) or a flat dollar amount for the LISTING AGENT ONLY

• This is paid if the home sells during the listing period, or within a carryover period after (see Section B).
  
  

Example:

• If the sales price is $400,000 and the commission is 6%, enter:

  • “6%” on the first line.
    
    

Dual Commission Clause (if no buyer rep involved) (Section 2.A.ii)

• If the listing agent finds the buyer directly, the seller may pay additional commission for unrepresented buyers.
  
  

📌 This is optional but useful if your firm handles both sides.

B. Protection Period

• Insert a number of days (commonly “90”) during which commission is still owed after the agreement ends if a buyer who saw the home during the listing later purchases.
  
  

📌 Ensure this section is filled—this is how your broker protects the firm’s compensation after expiration.

C. Payment Disclosure

• Seller must approve in writing if the listing firm shares commission with any other party (usually disclosed in MLS already).
  
  

3. Other Provisions

• Leave blank unless the broker adds firm-specific terms (rare).

• Could be used for offering commission to a buyer's agent, fee reductions, referral conditions, or special addendums.
  
  

✍️ Final Signatures

• Must be signed by:

  • Listing Firm/Agent

  • All Sellers

  • Include dates for all parties
    
    

📌 Ensure all names match the main listing agreement exactly.

✅ Final Checklist for TCs

✔ Confirm all sections are fully completed
✔ Ensure no % or $ lines are left blank
✔ Match this form to the correct Standard Listing Agreement
✔ Confirm seller initials on all pages of the SLA
✔ Store this in the listing compliance folder