This Co Listing Agent Agreement is designed for use in the Indonesian real estate market when two real estate agents or agencies wish to collaborate on property listings and sales. The document is particularly relevant when agents want to combine their resources, expertise, and client networks to maximize property exposure and sales potential. It complies with Indonesian real estate regulations, including Ministry of Trade requirements and AREBI guidelines, while addressing crucial aspects such as commission sharing, marketing responsibilities, and territorial rights. The agreement is commonly used for high-value properties, cross-regional collaborations, or when agents with complementary specializations want to work together. It includes provisions for dispute resolution, professional standards, and client protection as required under Indonesian law.
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1. Parties: Identifies the two real estate agents/agencies entering into the co-listing arrangement
2. Background: Explains the context and purpose of the co-listing arrangement
3. Definitions: Defines key terms used throughout the agreement
4. Scope of Agreement: Outlines the properties or territory covered by the co-listing arrangement
5. Term and Termination: Specifies the duration of the agreement and conditions for termination
6. Commission Structure: Details the commission split between agents and payment terms
7. Roles and Responsibilities: Defines specific duties of each agent in marketing, showing properties, and closing deals
8. Marketing and Advertising: Specifies how properties will be marketed and branded, including cost sharing
9. Confidentiality: Establishes confidentiality obligations regarding shared information and client details
10. Professional Standards: Sets requirements for maintaining professional conduct and compliance with regulations
11. Dispute Resolution: Outlines process for resolving conflicts between the agents
12. Governing Law: Specifies Indonesian law as governing law and relevant jurisdictions
1. Exclusive Rights: Used when agents want to establish exclusive rights within specific territories or property types
2. Client Database Sharing: Include when agents agree to share their client databases
3. Online Listing Management: Include when specific online platforms or digital marketing strategies need detailed governance
4. Additional Services: Used when agents offer supplementary services beyond standard property listing
5. International Client Handling: Include when dealing with international properties or clients
6. Training and Support: Used when one agent provides training or support to the other's team
7. Non-Compete Provisions: Include when agents want to restrict competition outside the co-listing arrangement
1. Schedule A - Property List: Detailed list of properties covered under the co-listing arrangement
2. Schedule B - Commission Structure: Detailed breakdown of commission splits for different types of transactions
3. Schedule C - Marketing Materials: Templates and guidelines for co-branded marketing materials
4. Schedule D - Territory Map: Geographical boundaries of the co-listing arrangement if applicable
5. Schedule E - Standard Operating Procedures: Detailed procedures for handling listings, showings, and closings
6. Appendix 1 - Required Licenses: Copies of current real estate licenses and certifications
7. Appendix 2 - Insurance Certificates: Proof of professional liability insurance from both parties
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