Real estate listing agreement
This template is designed for agreements governed by Spanish law.
In [Place of signature], on [Date].
Parties
On the one hand, [Owner (full name)], holder of ID/NIE [Owner's ID / NIE], residing at [Owner's address], acting on their own behalf or as the duly authorised representative of the owner (the OWNER).
On the other hand, [Agency (company name)], tax ID [Agency tax ID (NIF)], with registered address at [Agency address], represented by [Signing agent], estate agent register number [Agent register no. (if any)] (the AGENCY).
Both parties acknowledge their capacity to sign this agreement and agree to the following clauses.
. Purpose
The OWNER instructs the AGENCY to market the property located at [Property address], cadastral reference [Cadastral reference], Land Registry details [Land Registry details], and to act as intermediary for its sale. The AGENCY will look for prospects, show the property, pass on every offer it receives to the OWNER and assist the OWNER until the relevant contract is signed.
. Asking price
The asking price is [Asking price]. The OWNER may change it by written notice. The AGENCY will not commit to any other price or terms without the OWNER's express authorisation.
. Status of the property
The OWNER declares, under their own responsibility, that the property is subject to the following charges, encumbrances, leases or occupants: [Charges, tenants or occupants]; that they are not aware of any court proceedings affecting it other than those stated; and that they will give the AGENCY the documents needed to market it (Land Registry extract, energy performance certificate and latest property tax and community fee receipts, among others). Before signing any document with third parties, the AGENCY will check ownership and charges at the Land Registry.
. Exclusivity
This is an exclusive agreement. While it is in force, the OWNER will not instruct any other agency for the same transaction and will refer to the AGENCY any prospect who contacts the OWNER directly.
If, while exclusivity is in force, the OWNER completes the transaction on their own or through another agency, the OWNER will pay the AGENCY the fees agreed in this document, as consideration for the exclusivity. The parties declare that they have negotiated this clause and that the AGENCY explained its scope before signing.
. Open (non-exclusive) listing
This is a non-exclusive agreement. The OWNER may instruct other agencies for the same transaction or complete it on their own. Fees are only due to the AGENCY if the transaction is completed with a prospect introduced by the AGENCY.
. Fees
The AGENCY's fees are: [Fees]. They become due when the contract that completes the transaction is signed with a prospect introduced by the AGENCY, and will be paid [When they are paid]. The AGENCY will not charge the other party for this same brokerage without informing the OWNER and obtaining the OWNER's express agreement.
If the property is let as a dwelling, property management and contract formalisation costs cannot be passed on to the tenant (article 20.2 of Spanish Urban Leases Act 29/1994), so they are borne by the OWNER.
. Term
This agreement runs for [Term of the agreement] from the date of signature.
On expiry, it will renew for equal periods unless either party gives the other written notice of non-renewal at least [Notice to stop renewal] in advance.
On expiry, the agreement will end without the need for notice. The parties may renew it in writing.
If, within [Tail period after expiry] after the agreement ends, the OWNER completes the transaction with a prospect the AGENCY introduced while it was in force, as evidenced by a viewing form or written communication, the agreed fees will be due.
. Agency obligations
The AGENCY undertakes to: market the property with truthful advertising and only in the channels the OWNER authorises; report every offer and the progress of the instruction; keep the keys against receipt; issue a receipt for any amount received from prospects and hand it over or apply it as agreed; keep information confidential; and act diligently and loyally towards the OWNER.
. Owner obligations
The OWNER undertakes to: provide truthful and complete information about the property; allow viewings at reasonable times; notify the AGENCY of any change in price or in the property's situation and, where applicable, of its sale or letting; and pay the fees on the agreed terms.
. Data protection
Each party processes the other's personal data to manage this agreement, on the basis of its performance (article 6.1(b) of Regulation (EU) 2016/679, GDPR), and keeps it for the duration of the relationship and then for the statutory limitation periods. The AGENCY will only disclose the data strictly needed to prospects, notaries and entities involved in the transaction. Rights of access, rectification, erasure, objection, restriction and portability can be exercised by writing to [Data protection email], and a complaint can be lodged with the Spanish Data Protection Agency (www.aepd.es).
. Right of withdrawal
This agreement is signed off the AGENCY's business premises with an OWNER acting as a consumer. The OWNER may withdraw within fourteen calendar days of signature, without giving any reason and at no cost, by notifying [Agency (company name)] at [Agency address] or at [Data protection email] by an unequivocal statement or using the attached model form (articles 102, 104 and 106 of the Spanish consolidated General Consumer Protection Act, Royal Legislative Decree 1/2007).
Request for the service to start immediately during the withdrawal period: No. If the OWNER makes this request and then withdraws, the OWNER will pay the AGENCY an amount proportionate to the part of the service already provided (articles 99.3 and 108.4 of the same Act).
. Governing law
This agreement is governed by Spanish law and, where applicable, by the regional legislation of the place where the property is located. Any dispute will be submitted to the courts that have jurisdiction under the law.
In witness whereof, the parties sign this document in duplicate.
Annex. Model withdrawal form
(Complete and return this form only if you wish to withdraw from the contract.)
To [Agency (company name)], [Agency address], [Data protection email]:
I hereby give notice that I withdraw from my contract for the provision of the following service: listing agreement for the sale of the property at [Property address], signed on [Date].
Consumer's name and address: [Owner (full name)], [Owner's address]. Signature (only if submitted on paper) and date: ____________________