1 1international-Marketing Contract
1 1international-Marketing Contract
1 1international-Marketing Contract
1.) Marketing Rights: International Marketing Broker shall have the international rights
to m arket th e Property with f ull re presentation rights. In conjunction with such rights,
International Marketing Broker shall have the obligation to:
a. input the P roperty in to the MLS (Multiple Listing Service) or similar
automated cooperative listing service to which International Marketing
Broker belongs in the jurisdiction in which International Marketing Broker
is licensed;
b. choose an agent or broker (“Co-Broker”) in the jurisdiction in which the
Property is located so that the Property will be input into the MLS
(Multiple Listing Service) or similar automated cooperative listing service
to which such agent or broker belongs; and
c. choose other agents and/or brokers (“Promoting Broker”) to promote the
Property in other jurisdictions in the United States and/or around the
world.
International Marketing Broker shall have the right to decide on the amount of fees to be
paid to those participating agents and brokers specified in Paragraphs 1.b and 1.c.
2.) Marketing Agreement Duration: This Agreement is valid for a period of one year
from the Effective Date and shall be renewable for similar one year periods if both parties
agree to the renewal in writing.
3.) Fees: A fee of _______% of the agreed sales price (“Sales Pr ice”) will be payable by
Seller upon closing and funding of the Property. This fee will be paid by Seller and
placed in an escrow account with _ ___________________________________ (“Escrow
Company”) no later than two (2) days after funding, as directed by the solicitors/attorneys
in charge of the sale of the Property.
This fee will then be disbursed at Closing by Escrow Company, in accordance with the
U.S. regulations for transfer of funds, to the participating brokers as directed by
International Marketing Broker as follows:
a.) ____ % payable to International Marketing Broker;
b.) ____ % payable to Co-Broker;
c.) ____ % payable to Prom oting Broker whose promoting activity procures the buyer;
and
d.) ____ % payable to the selling broker (“Selling Broker”).
If only International Marketing Broker and Co-Broker are involved in the sale of the
Property, the amount of the fee th at is specified in 3.c and 3.d shall be equally shared by
International Marketing Broker and Co-Broker.
If Seller collects the Sales Price and/or any damages and/or all or part of the earnest
money deposit, by suit, compromise, settlement or otherwise from a buyer who breaches
a contract for the sale of the Property entered during the period of this Agreement, Seller
will pay International Marketing Broker an amount equal to 10% of the amount collected
by Seller.
4.) Marketing Price: The Marketing Price (“Marketing Price”) for the Property, is
$_________________.
5.) Protection Period: W ithin 10 days after ex piration of this Agreement, International
Marketing Broker may deliver in writing to Seller a lis t of all prospects who might have
an interest in the property. In the event that any of these prospects purchases the
Property, w ithin ___ days of such expiration. Seller will pay International Marketing
Broker the fee specified in Paragraph 3, notwithstanding the expiration of the Agreement.
6.) Title an d Documentation: Seller will be responsible for issuing clear title to the
Property; preparing all mandatory documentation; and obtaining all necessary permits as
required by the laws and regulations of the jurisdiction in which the Property is located.
9.) Binding Effect: Seller's obligation to pay International Marketing Broker an earned
fee is binding upon Seller and his heirs, administrators, executors, successors and
permitted assignees.
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International Marketing Broker