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Broker Fee Agreement
Free broker fee agreement template — a business fee agreement for a broker who arranges a deal (business sale, financing, or transaction) in exchange for a fee.
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This free broker fee agreement covers 1. Engagement, 2. Fee, 3. Tail Period, 4. No Exclusivity (or Exclusivity, if applicable), 5. Broker's Licensing with 8 clearly marked [placeholder] fields to fill in — built for founders, freelancers, and small business owners formalizing a business decision or agreement without paying a lawyer to draft it from scratch. Copy it into your own word processor, fill in the placeholders, and review it — or adapt it — before use. It's part of docstoc's free document template library, alongside business, legal, real estate, finance, and HR templates. Every template here is free to copy with no signup required, and each one carries a plain disclaimer: this is a starting point for informational purposes, not a substitute for advice from a licensed professional in your jurisdiction.
Broker Fee Agreement
Client: [Name] · Broker: [Name/Company] · Transaction Type: [e.g. business sale, financing, equipment sourcing] · Date: [Date]
1. Engagement
Client engages Broker to identify and negotiate a potential [buyer/seller/lender/deal counterparty] for [Description of the desired transaction].
2. Fee
If a transaction closes with a party introduced or facilitated by Broker, Client will pay Broker a fee of [%/Amount], due upon closing.
3. Tail Period
[If applicable: Broker's fee also applies if Client completes a transaction with a party Broker introduced, within [Period] after this Agreement ends, even if the deal closes after Broker's engagement concluded.]
4. No Exclusivity (or Exclusivity, if applicable)
[ ] This engagement is non-exclusive — Client may work with other brokers or pursue deals independently. [ ] This engagement is exclusive for [Period] — Broker is Client's sole representative for this type of transaction during that time.
5. Broker's Licensing
Broker represents they hold any license required to lawfully earn this fee for this type of transaction (e.g. a business broker or real estate license, where required).
6. Expenses
[State whether Broker's expenses are reimbursed separately or included in the fee.]
Client: ______________________ Date: ____________ Broker: ______________________ Date: ____________
*The tail period (Section 3) is what protects a broker from a client waiting out the engagement term and then closing directly with the exact buyer the broker found — without it, a client has an incentive to simply delay closing until the fee obligation expires.*
Edit directly in the box above. Download PDF anytime — the docstoc.io footer is always included and cannot be removed.
What's included
- Edit online — click the document, fill in placeholders, download a PDF
- 6 standard sections: 1. Engagement, 2. Fee, 3. Tail Period, 4. No Exclusivity (or Exclusivity, if applicable), 5. Broker's Licensing, 6. Expenses
- 8 clearly marked [placeholder] fields for quick personalizing
- Free to use — no account or signup required
- Fully editable — adjust any clause to match your actual situation
- Includes a signature block, ready to print or sign digitally
- Fixed docstoc.io footer on every PDF (not removable)
Who this template is for
Freelancers & solo founders
Handling routine business paperwork without commissioning custom legal drafting for every document.
Small businesses
Standardizing recurring documents — leases, agreements, notices — across a growing operation.
Anyone reviewing before signing
Using a clear starting structure to understand what a document should cover, even if a lawyer finalizes it.
Early-stage businesses
Getting the basics documented before things get more complex.
FAQ
Is this broker fee agreement template really free?
Yes, completely free — view, edit, and download this broker fee agreement as a PDF without creating an account.
What does this broker fee agreement cover?
This business template includes 1. Engagement, 2. Fee, 3. Tail Period, 4. No Exclusivity (or Exclusivity, if applicable). Fill in the [bracketed] placeholders, edit any clause online, then download a PDF — the docstoc.io footer stays on every export.
Is this legal advice?
No. This is a general-purpose starting structure, not advice for your specific situation. Business agreements can hinge on details — state of formation, industry-specific regulation, how a dispute would actually play out — that a template can't account for. Have a business attorney review anything that involves real money or real risk before you rely on it.
Can I edit the wording?
Yes — edit directly on the page, adjust any section or clause, and re-fill the 8 placeholder fields to match your situation before downloading a PDF. It's a starting structure, not a rigid script.
Where can I find more free templates like this?
Browse more free business and related document templates in the docstoc library at /document-templates/.
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