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ARTICLE · 13 AUGUST 2020

Agency Agreements – getting it right, the first time

Issues to consider in an agency agreement to maximise the agent's prospects of being paid commission for the work done.

AustraliaCorporate/Commercial Law

In commercial life, certainty makes for good business, and a fundamental element of running a successful business is getting it right, the first time.

The same goes for all types of legal transactions. Certainty of the bargain should be front of mind when entering into any agreement. You want to make sure that the agreement you are entering, or that you are asking a stakeholder to enter, is a correct reflection of the bargain that has been struck, legally binding, fair and, most importantly, enforceable.

This article, which is the first of two on this topic, outlines a few issues to consider when entering into an agency agreement that will maximise the agent's prospects of being paid commission for the work done.

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The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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