PART 2 – AGENCY AGREEMENTS

Task 3 – Agency agreement for 93c Main Street

Draft an agency agreement for your clients, Dan and Mary Symonds, at 93c Main St, Waterford. To help, she also gives you a copy of the Certificate of Title (in the zip file in the Assessments area), the notes she took during the appraisal meeting, and at a further meeting two days later.

Dan and Mary Symonds. Ph: 025-371-698 (Dan), 025-371-699 (Mary)

Email: [email protected]

Plan to retire to Gold Coast of Australia

Townhouse on a cross lease section – one of three. 180m2 . All single level, with just one low step into the house. Single garage, internal entry. Built 22 years ago. Brick (approx. 80%) and cedar (approx. 20%), on concrete pad foundation. Aluminium joinery. Coloursteel roof.

Refurbished 3 years ago: new Bosch 720 stove, Bosch 750 dishwasher, rangehood in kitchen. Chattels include carpet/vinyl, drapes (no curtains) in lounge, blinds in bedrooms, light fittings, and 1 remote garage door opener. Burglar alarm (installed last year). Mains gas hot water.

2 double bedrooms. Open plan living / dining. Kitchen is amazing quality – really adds value.

Bathroom has bath, shower, handbasin. Separate toilet with small handbasin. Laundry in corner of garage, but spacious for 1 car. 

2nd meeting.

Agreed to list for $595,000. Sole agency, 3 months. Standard sign. They want just the standard advertising paid for by the agency. If the property doesn’t sell within six weeks, they will consider funding an advertising campaign.

Current rates, $1,950 per year. RV = $580,000.

Alarm code: 1237# in. 1238# out. Alarm to right of front door. Viewing by appointment – 1 hour’s notice on weekdays, 2 hours’ notice on weekends.

Key in lockbox near front door.

Solicitor: Jane Gray of Gray, Windermere and Browne.

Instructions

Draft an agency agreement using the Waterford agency agreement form (supplied in the zip file in the Assessments area), making sure you insert all the required information correctly. Use the Certificate of Title in the zip file in the Assessment area.

Note: Waterford Real Estate Ltd doesn’t receive any rebates, discounts or commissions, apart from the commission on sale of the property.