• Victoria
Exclusive Sales Authority- The vendor engages an agency on an exclusive basis to market and sell the property via private sale
Exclusive Auction Authority- The vendor appoints an agency to exclusively market and sell via public auction
General Sales Authority- The vendor can appoint more than one agency to market and sell the property on a non- exclusive basis and commission is paid to the successful agency.
• NSW
Exclusive Agency Agreement: The vendor engages an agency on an exclusive basis to market and sell the property via private treaty.
Auction Agency Agreement: The vendor appoints an agency to exclusively market and sell via public auction.
Open Selling Agency Agreement: The vendor can appoint more than one agency to market and sell the property on a non- exclusive basis and commission is paid to the successful agency.
• SA
Sales Agency Agreement: The vendor engages one real estate agent and commission has to be paid whether the property is sold or not. This agreement also contains the terms for properties sold at auction.
• NT
Sales Agency Agreement: The vendor engages one real estate agent and commission has to be paid whether the property is sold or not. This agreement also contains the terms for properties sold at auction
• ACT
Exclusive Sales Agreement- The vendor engages an agency on an exclusive basis to market and sell the property via private sale
General Sales Agreement- The vendor can appoint more than one agency to market and sell the property on a non- exclusive basis and commission is paid to the successful agency.
• TASMANIA
Sole Agency Agreement: a vendor engages one real estate agent and commission has to be paid, regardless of whether the property is sold or not.
Open listing Agreement: a vendor appoints more than one real estate agent. However, the property may be sold privately, without any commission paid to the agent.
Conjunctional Agreement: a vendor may appoint more than one real estate agent and commission is paid to the successful agency who secures the sale.
Auction Authority Agreement: a vendor appoints an agency on an exclusive basis, to market and sell the property, by way of public auction.
Multiple Listing Agreement (Multi-List): also known as an exclusive agency agreement- a vendor appoints one agent, who then agrees to work in combination with other multi-list agents in order to sell the property.
• QLD
Exclusive or Sole Agency Agreement- The vendor engages the agency, on an exclusive basis to market and sell the property.
Open Listing Agreement- The vendor can appoint more than one real estate agent. However, the property may be sold privately and without any commission paid to the agent.
Auction Agency Agreement: The vendor appoints the agency on an exclusive basis, to market and sell the property by public auction.
• WA
Exclusive Selling Agency Agreement: vendor engages the agency on an exclusive basis to market and sell the property.
Authority To Auction and Auction Code of Conduct: vendor appoints an agency, on an exclusive basis to market and sell the property by public auction
Non Exclusive Selling Agency Agreement: vendor appoints more than one agency to market and sell the property, on a non-exclusive basis and commission is paid to the successful agency who secures a sale.
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Marlene Liontis
Saturday, 21 September 2019
