REAL ESTATE BROKER'S
                                    AGREEMENT



                This Agreement is made this _______day of _____, 19__ 
        between ________________as ("Principal") and _________________ as 
        Real Estate Broker ("Broker").  

                Whereas, the Principal is the owner of real property with 
        a post office address of ___________________________________ (the 
        "Property").  

                Whereas, the Principal desires to employ the Broker for, 
        and the Broker is willing to act for the Principal in, selling 
        the Property.  

                Now therefore, in consideration of the mutual covenants 
        and promises contained herein, it is agreed as follows: 

                1.  The Principal shall employ the Broker as his 
        exclusive agent to sell the Property for $__________ and upon 
        the other terms and conditions contained herein.  

                2.  The Broker accepts the appointment and shall use his 
        best efforts to procure a ready, willing and able buyer of the 
        Property in accordance with the terms of this Agreement.  

                3.  The Principal shall refer all prospective purchasers 
        of the Property to the Broker.  

                4.  The Principal shall pay the Broker a fee of ______% 
        of the purchase price accepted by the Principal if (a) the Broker 
        procures a buyer ready, willing and able to purchase the Property 
        upon the terms contained in this Agreement or upon other terms 
        acceptable to the Principal; or (b) If the Property is purchased 
        by anyone who was introduced to the Property by the Broker during 
        the time of this Agreement, or any extension thereof, is in full 
        force and effect; or (c) during the term of this Agreement, the 
        Property is sold.  

                5.  This Agreement shall commence on ___________,19__ and 
        terminate on ___________,19__.  

                Time is of the essence.  
          
                Signed under seal this ________day of _______, 19__.  



            ___________________________     _________________________ 
            Broker                          Principal 


            By:_________________________ Form 604 















      

Return to Table of Contents for

Legal Forms