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A commercial agency refers to a business arrangement where an agent, acting on behalf of a principal (usually a manufacturer or supplier), promotes, markets, and sells products or services to customers.
The commercial agency contract is a legal agreement through which the principal or the manufacturer of goods empowers a commercial agent to find new clients or to include additional contracts for an existing client. The process aims at purchasing the goods marketed by the principal.
The contract of commercial Agency is one of the most used agreements in international trade. In the European Union the legal framework is set by the Council Directive 86/653/EEC, but there are still significant differences among national regulations and jurisprudence of the Member States.
The ICC Model International Commercial Agency Contract responds to the market’s need for a reliable and equitable template, providing a set of clear and concise standard provisions to organize agency-principal relations.
With an international reach, serving both the US and Canada, KW Commercial is a division of the fastest-growing real estate company in North America. Combined with business expertise and unsurpassed market intelligence, KW Commercial brokers determine and surpass your business goals.
Top-tier agencies feel impersonal or out of reach. That’s why we created this comprehensive list of reputable agencies that specialize in commercial representation for mid-career actors.
Commercial agency agreements in the European Union apply where a legal or actual person (the agent) is vested with the power to negotiate and/or conclude contracts on behalf of another legal or actual person (the principal), either in the agent’s own name or in the name of the principal, for the purchase or sale of good and services by the ...
When a company takes on any new external sales representative – or indeed an external buying representative – they need to be conscious that they may unwittingly be creating a commercial agency and should take advice to minimise their potential exposure.
Commercial agents are individuals, who may be part of a commercial agency, hired by a company to represent one or more principals within an organization. Typically, they will seek out and acquire business on behalf of his principals.
We are pioneers of the virtual commercial and residential real estate industry creating a cloud-based model that provides advisors with state-of-the-art tools and technology and access to a global community of top league agents, leaders, and partners building a powerful network of professionals.