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Exclusive Real Estate Agreement
for Promotion of Property Sale
Complete the form below to authorise Samos Housing as your exclusive real estate agent for the sale of your property on Samos Island.
EXCLUSIVE REAL ESTATE AGREEMENT FOR PROMOTION OF PROPERTY SALE
On Samos today
The Following Parties:
Ioannis Palaiokastritis — Realtor — Civil Engineer with Greek Tax Number EL 107587003, owner of the Real Estate Company under the commercial title «SAMOS HOUSING», headquartered at Neapoleos 4, Str, 83100 Samos, GR — hereinafter referred to as the “Realtor”, and
Hereinafter referred to as the “Property Owner”.
(1) The Property Owner declares that they authorise the Realtor with this exclusive order to find a buyer for the sale of their property with the following information:
The exclusive order concerns any client submitted by the Realtor.
This order, as exclusive, is valid until (24 months minimum).
(1) The Realtor declares and promises that they will do their best to find a buyer for the above property at the best possible price.
(2) The Property Owner will be obliged to pay the Realtor, if the property is sold to any buyer during the length of the current agreement:
• 3% plus VAT for contracts up to 1.5 million Euros
• 2% plus VAT for contracts up to 4 million Euros
• 1% plus VAT for contracts of 4 million Euros or more
Minimum fee is €2,000 plus VAT regardless of property value for contracts less than €65,000, and €1,500 plus VAT regardless of property value for contracts less than €25,000.
The above payment shall be paid regardless of any payment made to the Realtor on behalf of the buyer.
(3) In any case, if the Realtor presents a buyer for any reason and the Property Owner refuses to sell (family reasons, sentimental and emotional reasons, change of opinion in general), within the time of this mandate, the Realtor is entitled to full compensation at the rate listed in this order at the desired price.
(4) If the property is sold after the period of the aforementioned exclusive order, the Realtor is entitled to the agreed fee only if they have indicated the property to the buyer. As an indication, it is meant any action by the Realtor, without which the buyer would not be able to know the existence of the property in question.
(5) The Property Seller is responsible for informing the Realtor immediately about the signing of the contract and for paying the agreed fee.
(6) Both parties agree that the above terms of the contract are legal, fairly meet the mutual interest, and expressly waive their right to invoke or seek for any reason the cancellation of part or the whole of this contract.
(7) If the owner manages to sell the property after the expiration of this mandate to a person or company or affiliate of a contact or client that the Realtor had contact with for the specific property through the website, email, etc., during and certainly before the expiration of this mandate, then the Realtor is entitled to 50% of the fee instead of the full Realtor fee.
(8) After the expiration date of this agreement, the Property Owner must inform in writing (via letter or email) that the current contract is terminated altogether; otherwise it is considered to continue as an exclusive real estate agreement as it stands today. In any case, the current agreement may, after its expiration date, in the free will and judgment of the Property Seller, be renewed in writing for the same or longer period.
(9) The Property Seller must immediately and in writing (via letter or email) inform the Realtor if they decide to withdraw the property from the market in order to stop the selling effort and thus make the current agreement non-valid, after the expiration of this contract. They may continue this mandate if they are satisfied with the Realtor's efforts. If the sellers do not contact the Realtor at all, it is presumed that the mandate of this contract continues until the sellers send a letter of termination.
Failure to inform the Realtor even after the expiration date of this agreement of the Property Seller's decision to withdraw the property from the market makes the Realtor eligible to claim the agreed real estate fee plus compensation for efforts made trying to sell the property while the owner/Property Seller had decided to take it off the market without informing in writing.
(10) If the seller, during the duration of this agreement and if this agreement is not cancelled in writing, moves to demonstrably sell the property by their own means without any interference by the Realtor or their marketing work and website, then the Realtor is entitled to 50% of the real estate fee agreed in this contract.
PROPERTY STATEMENT OF NO MORTGAGES
I, the Property Owner, promise and declare responsibly that the property I assign to the Realtor for sale does not have any financial or other burdens (bank loans affiliated, mortgages, etc.).
If the Realtor Ioannis Palaiokastritis finds a property buyer and during the legal background check of the property there is an economic or other burden on the property that I gave them a commission for sale, I am responsible for financial compensation to both the broker and the prospective purchaser for the expenses of the legal review, time spent on the case, travel tickets, etc.
By signing, you confirm that all information provided is accurate and you agree to the terms of this Exclusive Real Estate Agreement.
A complete PDF copy of the signed agreement will be emailed to: and to the Realtor at info@samoshousing.com.
Agreement Successfully Signed!
Thank you for signing the Exclusive Real Estate Agreement with Samos Housing.
Seller:
Email:
Date:
Status: Signed & Submitted
A PDF copy of the signed agreement has been sent to your email and to the Realtor at info@samoshousing.com.