Once you have made a decision about what type of Agent services you will use to sell your property, an Agreement will need to be signed by both parties.

The type of sale and number of agents involved in the process, will determine the type of agreement that will be entered into.

Here is a State by State guide from RealRenta:

Victoria

• Exclusive Auction Authority- The vendor appoints an agency to exclusively market and sell via public auction 
• General Sales Authority- The vendor can appoint more than one agency to market and sell the property on a non- exclusive basis and commission is paid to the successful agency
• Exclusive Sales Authority- The vendor engages an agency on an exclusive basis to market and sell the property via private sale

NSW

• Auction Agency Agreement: The vendor appoints an agency to exclusively market and sell via public auction. 
• Open Selling Agency Agreement: The vendor can appoint more than one agency to market and sell the property on a non- exclusive basis and commission is paid to the successful agency.
• Exclusive Agency Agreement: The vendor engages an agency on an exclusive basis to market and sell the property via private treaty.

SA 

Sales Agency Agreement: The vendor engages one real estate agent and commission has to be paid whether the property is sold or not. This agreement also contains the terms for properties sold at auction.

NT 

• Sales Agency Agreement: The vendor engages one real estate agent and commission has to be paid whether the property is sold or not. This agreement also contains the terms for properties sold at auction

 ACT

• General Sales Agreement- The vendor can appoint more than one agency to market and sell the property on a non- exclusive basis and commission is paid to the successful agency.
• Exclusive Sales Agreement- The vendor engages an agency on an exclusive basis to market and sell the property via private sale

 TASMANIA

• Conjunctional Agreement: a vendor may appoint more than one real estate agent and commission is paid to the successful agency who secures the sale.
• Multiple Listing Agreement (Multi-List): also known as an exclusive agency agreement- a vendor appoints one agent, who then agrees to work in combination with other multi-list agents in order to sell the property.
• Auction Authority Agreement: a vendor appoints an agency on an exclusive basis, to market and sell the property, by way of public auction.
• Sole Agency Agreement: a vendor engages one real estate agent and commission has to be paid, regardless of whether the property is sold or not.
• Open listing Agreement: a vendor appoints more than one real estate agent. However, the property may be sold privately, without any commission paid to the agent.

 QLD

• Open Listing Agreement- The vendor can appoint more than one real estate agent. However, the property may be sold privately and without any commission paid to the agent. 
• Auction Agency Agreement: The vendor appoints the agency on an exclusive basis, to market and sell the property by public auction
• Exclusive or Sole Agency Agreement- The vendor engages the agency, on an exclusive basis to market and sell the property.

 WA

• Authority To Auction and Auction Code of Conduct: vendor appoints an agency, on an exclusive basis to market and sell the property by public auction 
• Non Exclusive Selling Agency Agreement: vendor appoints more than one agency to market and sell the property, on a non-exclusive basis and commission is paid to the successful agency who secures a sale.
• Exclusive Selling Agency Agreement: vendor engages the agency on an exclusive basis to market and sell the property.

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