Sales Agency Agreement - Broker and Seller

Bahman Eslamboly

Form reviewed by Bahman Eslamboly, Attorney at FindLegalForms

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This Sales Agency Agreement is between a seller and broker for the sale of products within an exclusive territory. This agreement sets out the names of seller and broker, brief description of the seller's products and a detailed description of the territory in which the products can be sold. It also contains the commission to be earned by the broker, when it will be paid and broker's agreement to regularly canvass the territory in order to sell the products. This type of business arrangement should always be clearly set out in writing. A written Sales Agency Agreement between a Broker and Seller will prove invaluable in the event there are disagreements or misunderstandings surrounding the sale of the products and the specific territory in which they can be sold. This form also contains special formatting procedures to assist you in easily completing this agreement.

This Sales Agency Agreement between Broker and Seller contains the following:
  • Parties: Sets forth the names and addresses of the broker and seller;
  • Products and Territory: Sets forth the products which broker will sell and the specific territorial limits in which the products may be sold exclusively by broker;
  • Commission: Lists the commission rate the broker will be paid and when payment is due;
  • Agreements by Broker: Sets forth that broker will promptly report all sales and keep seller informed of current market trends within the territory;
  • Signatures: Both parties must sign this agreement;
  • Schedule A: Sets out a detailed list of the products which will be sold by broker under this agreement.

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This attorney-prepared packet contains:
  1. General Instructions
  2. Sales Agency Agreement - Broker and Seller
State Law Compliance: This form complies with the laws of all states

Sales Agency Agreement - Broker and Seller

Product Details

Product Sales Agency Agreement - Broker and Seller
Country United States
Pages 6
Dimensions Designed for Letter Size (8.5" x 11")
Printer compatibility Designed to print on all ink-jet and laser printers
Editable Yes (.doc, .wpd and .rtf)
Format Microsoft Word
Adobe PDF
WordPerfect
Rich Text Format
Platform Windows Compatible
Mac Compatible
Linux Compatible
Availability In Stock. Instant Download
Usage Unlimited number of prints
Category Sales Representative & Distribution Agreements
Product number #28851
Download time Less than 1 minute (approx.)
Document Access Via secret online address
Email with download links
Email with attachment upon request
Refund Policy 60 days, no-questions asked, 100% money back guarantee

Frequently Asked Questions

A Sales Agency Agreement is a legal document that outlines the terms and conditions between a seller and a broker for the sale of products within a specified territory. It details the roles, responsibilities, commission structure, and other essential elements of the sales relationship.

Having a written agreement helps prevent misunderstandings and disputes between the seller and broker. It serves as a legal reference that can be used to resolve conflicts and clarify the expectations of both parties.

The commission structure should specify the percentage of sales that the broker will earn, the timing of commission payments, and any conditions that may affect the commission. This clarity helps both parties understand the financial arrangements.

Yes, the Sales Agency Agreement can be modified if both parties agree to the changes in writing. It is advisable to document any amendments to ensure that both parties are aware of the new terms.

In the event of a dispute, the terms outlined in the Sales Agency Agreement will guide the resolution process. It may include provisions for mediation or arbitration to settle disagreements amicably.

Is This Form Right For You?

Use This Form If:

  • Individuals who are looking to establish a formal relationship between a seller and a broker can utilize this Sales Agency Agreement to outline the terms of their partnership. This ensures clarity regarding the roles, responsibilities, and expectations of both parties in the sales process.
  • Situations requiring the negotiation of sales for specific products within a defined area can benefit from this agreement. By clearly defining the exclusive territory, the seller can prevent conflicts with other brokers and ensure that their products are marketed effectively.
  • For those seeking to protect their interests in a sales arrangement, this agreement serves as a crucial document. It provides a written record of the commission structure and payment timelines, which can be referenced in case of disputes or misunderstandings.
  • Companies expanding their market reach through brokers will find this Sales Agency Agreement essential. It not only formalizes the relationship but also helps in setting performance expectations and reporting requirements for the broker.
  • Businesses looking to comply with state laws regarding sales agreements will need this document. It is designed to meet legal requirements across various states, ensuring that both the seller and broker are protected under the law.

Do Not Use If:

  • – This form is not appropriate for informal sales arrangements where no legal obligations are intended. In such cases, a verbal agreement may suffice, but it lacks the protections that a written contract provides.
  • – If the seller does not wish to grant exclusive rights to a broker, this agreement may not be suitable. Alternative arrangements should be considered that allow for multiple brokers to sell the same products.
  • – For situations involving the sale of products outside of a defined territory, this agreement would not be applicable. A different type of sales agreement may be needed to address broader distribution rights.
  • – In cases where the broker is not expected to earn a commission, this form is unnecessary. A different contractual arrangement should be drafted that reflects the nature of the compensation, if any.
  • – If the parties are not willing to adhere to the legal requirements of a written agreement, this form would not be effective. Both parties must be committed to the terms for the agreement to hold legal weight.

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