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The Agency Listing Agreement serves as a fundamental document in Saudi Arabian real estate transactions, establishing the legal framework for property marketing and sales representation. This agreement is essential when property owners wish to engage licensed real estate professionals to market and sell/lease their properties in compliance with Saudi law. The document must align with the Commercial Agencies Law, REGA regulations, and Islamic Shariah principles, while clearly defining the agent's authority, responsibilities, and commission structure. It's particularly important in the Saudi market where real estate transactions must follow specific regulatory requirements and cultural considerations. The agreement typically includes comprehensive property details, marketing strategies, and terms of representation, ensuring all parties understand their rights and obligations under Saudi Arabian law.

1. Parties: Identification of the property owner and the real estate agent/agency, including license numbers and contact details

2. Background: Context of the agreement and brief description of the property to be listed

3. Definitions: Key terms used throughout the agreement, including technical and legal terminology

4. Appointment and Scope: Terms of agent appointment and scope of authority

5. Property Details: Comprehensive description of the property being listed

6. Listing Terms: Listing price, duration, and type of listing (exclusive or non-exclusive)

7. Agent's Obligations: Detailed responsibilities and duties of the agent

8. Owner's Obligations: Property owner's responsibilities and commitments

9. Commission Structure: Commission rates, payment terms, and conditions for commission earning

10. Marketing Obligations: Agreed marketing activities and promotional requirements

11. Term and Termination: Duration of agreement and termination provisions

12. Compliance with Laws: Commitment to comply with Saudi laws and REGA regulations

13. Governing Law: Confirmation of Saudi law and Shariah principles as governing law

14. Dispute Resolution: Process for resolving disputes between parties