If there are multiple vendors for a property, and the principal is a company, how to create an Agency Agreement

This article summaries how to create an Agency Agreement if there are more than 2 individual vendors for a property, as well as if the principal of the property is a company

How to create an agency agreement with more than 2 vendors

How to create an agency agreement if the vendor is a company

If the vendors are more than 2 individuals 

  • We cater up to 5 signature boxes within the Agency Agreement
  • If there are more than 4 vendors, Vendor 5 signature will appear next to Vendor 4.

Step by Step

  1. Create the campaign, or click on the existing campaign
  2. Click Create to create a new Agency Agreement, or click on the pencil icon to edit an existing Agency Agreement 
  3. Within the online form, Click Add vendor to add more than 1 vendor to your Agency Agreement 

    Eg: Vendor is a company with 1 signer (sole director)
  4. Add the name, phone and email address for the respective vendors
  5. Proceed to complete the Agency Agreement like you normally would and click submit

Vendor 1 & 2's details will appear on page 1 of the Agency Agreement, and required to sign Page 7 of the Agency Agreement 

 Page 1

 

Vendor 3, 4's details and signature appears on the Additional Vendor Annexure (rather than Page 1 & 7 where Vendor 1 & 2 details are showing) 

Material Fact Checklist

This is added to the end of the Agency Agreement (before the REINSW Fair Trading Guide) 

If vendors are individual, Vendor 1 - Vendor 4's details appears on page 1, and the signature on page 2. 

Creating an Agency Agreement, and the vendor is a company

  • We cater for scenarios where the vendor is a company and 
    • Sole director is required to sign; or 
    • 2 directors are required to sign 

Step by Step

  1. Create the campaign, or click on the existing campaign
  2. Click Create to create a new Agency Agreement, or click on the pencil icon to edit an existing Agency Agreement 
  3. Within the online form for Vendor 1, fill in the first name and last name of the director required to sign and click Yes to "Is the vendor a company"

2024_Realtair_Sgin_ adding vendor (company) new ui-1

  1. Enter the business name, ABN and ACN
  2. If only 1 director is required to sign, you can proceed to complete the Agency Agreement like you normally would and click submit
  3. If there are 2 directors that need to sign, click Add vendor to add more the details of the 2nd director 
    image-2
  4. Follow step 5 to enter the 2nd director's name and contact details under Vendor 2, and tick yes to click Yes to "Is the vendor a company".

Under the Business Name section, make sure it is the same business name as Vendor 1 , this includes spacing

E.g if you use "Company Pty Ltd" in Vendor 1 but use "Company Pty Limited" in vendor 2, the system will think its 2 different companies and add the Additional Vendor Annexure for Vendor 2. 

So make sure you copy and paste the business name so it's exactly the same

image-3image (1)-3

Proceed to complete the Agency Agreement like you normally would and click submit

Once you click submit, the Agency Agreement shows 

  • Company details under the Principal section 

  • Directors are required to sign on page 7 

  • Directors will also be required to sign on page 2 of the Material Fact Checklist