Agreement for the provision of real estate services — is an important document that is necessary to clearly define the volume and order of services provided, as well as to secure the payment procedure.

The contract specifies both parties: the customer (client) and the contractor (realtor or agency). Each party must be represented by their full name, address and contact information if they are an individual, or the company details if they are an agency. A well-written contract protects the parties from misunderstandings and legal disputes.

Rights and obligations of the parties

Responsibilities of a realtor: The realtor undertakes to provide reliable information about the property and to organize viewings and conduct negotiations in a timely manner. He also independently analyzes documents for legal risks for the client and provides consulting services on issues related to real estate transactions.

Customer’s responsibilities: The client undertakes to provide all the necessary information to search for real estate and to pay for real estate services in a timely manner. And by concluding an exclusive agreement, the customer undertakes not to cooperate with other agencies.

If the realtor does not perform the services properly, the client may demand a partial or full refund. Violations on the part of the client oblige the customer to pay compensation for the termination of the contract.

The term of the contract may vary, depending on its purpose. Usually, the contract is valid until the completion of the transaction or the fulfillment of all obligations. Conditions for extension or early termination of the contract at the initiative of one of the parties may also be stipulated.