Common use of Compensation of Broker Clause in Contracts

Compensation of Broker. Broker shall be compensated in the following manner: (check only those that apply) a. Buyer shall pay Broker a retainer fee of $ due and payable upon execution of this Agreement, which amount shall be applied towards Broker’s compensation upon closing on a transaction in which Buyer acquires Property. In all other circumstances, the payment shall be considered as a non-refundable retainer fee earned by the Broker. b. Buyer shall pay the Broker, at closing, an amount equal to $ or % of the gross selling/lease price. Buyer shall receive a credit towards the payment of Broker’s compensation in an amount equal to any payment made to the Broker by any other Broker or the Seller. c. By acceptance of the amount of compensation offered by a Listing Broker or the Seller. d. Other: Unless otherwise specified above, the compensation is due and payable upon Closing. The compensation shall apply to any purchase agreements executed during the term of this Agreement, or during any extension of this Agreement. The compensation will also apply to purchase agreements executed within days (or 90 days if left blank) after the expiration or other termination of this Agreement, if the property acquired was presented to Buyer through the services of Broker. If Seller fails to close with no fault on the part of Buyer, the compensation shall be waived. If the transaction does not close due to a breach of the Contract of Sale by the Buyer, the compensation shall NOT be waived and shall become immediately due and payable.

Compensation of Broker. Buyer acknowledges the Compensation in this Agreement is fully negotiable and not set by law. The compensation section of this Agreement must be completed before it can be signed by the Buyer. This Agreement is not enforceable if this section is left blank. ■ a. Buyer shall pay the Broker, at closing, an amount equal to $ or % of the final gross selling/lease price. Buyer shall receive a credit towards the payment of the Compensation in an amount equal to any payment made to the Broker shall be compensated in by any other Broker or the following manner: (check only those that apply)Seller. a. ■ b. Buyer shall pay Broker a retainer fee of $ ($0 if left blank) due and payable upon execution of this Agreement, which amount shall be applied towards Broker’s compensation the Compensation upon closing on a transaction in which Buyer acquires Property. In all other circumstances, the payment shall be considered as a non-non- refundable retainer fee earned by the Broker. b. Buyer shall pay the Broker, at closing, an amount equal to $ or % of the gross selling/lease price. Buyer shall receive a credit towards the payment of Broker’s compensation in an amount equal to any payment made to the Broker by any other Broker or the Seller. ■ c. By acceptance of the amount of compensation offered by a Listing Broker or the Seller. d. Other: Unless otherwise specified above, the compensation Compensation is due and payable upon Closing. The compensation Compensation shall apply to any purchase agreements executed during the term of this Agreement, Agreement or during any extension of this Agreement. The compensation will Compensation also apply applies to purchase agreements executed within days (or 90 days 60 if left blank) after the expiration or other termination of this Agreement, if the property acquired was presented to Buyer through the brokerage services of the Broker. If Seller fails to close with no fault on the part of Buyer, the compensation shall be waived. If the transaction does not close due to a breach of the Contract of Sale by the ’s Initials Buyer, the compensation shall NOT be waived and shall become immediately due and payable.’s Initials

Compensation of Broker. Broker shall be compensated in the following manner: (check only those that apply) a. Buyer shall pay Broker a retainer fee of $ due and payable upon execution of this Agreement, which amount shall be applied towards Broker’s compensation upon closing on a transaction in which Buyer acquires Property. In all other circumstances, the payment shall be considered as a non-refundable retainer fee earned by the Broker. b. Buyer shall pay the Broker, at closing, an amount equal to $ or % of the gross selling/lease price. Buyer shall receive a credit towards the payment of BrokerXxxxxx’s compensation in an amount equal to any payment made to the Broker by any other Broker or the Seller. c. . By acceptance of the amount of compensation offered by a Listing Broker or the Seller. d. Other: Unless otherwise specified above, the compensation is due and payable upon Closing. The compensation shall apply to any purchase agreements executed during the term of this Agreement, or during any extension of this Agreement. The compensation will also apply to purchase agreements executed within days (or 90 days if left blank) after the expiration or other termination of this Agreement, if the property acquired was presented to Buyer through the services of Broker. If Seller fails to close with no fault on the part of Buyer, the compensation shall be waived. If the transaction does not close due to a breach of the Contract of Sale by the Buyer, the compensation shall NOT be waived and shall become immediately due and payable.

Compensation of Broker. Broker shall be compensated in the following manner: (check only those that apply) a. Buyer shall pay Broker a retainer fee of $ due and payable upon execution of this Agreement, which amount shall be applied towards Broker’s compensation upon closing on a transaction in which Buyer acquires Property. In all other circumstances, the payment shall be considered as a non-refundable retainer fee earned by the Broker. b. Buyer shall pay the Broker, at closing, an amount equal to $ or % of the gross selling/lease price. Buyer shall receive a credit towards the payment of BrokerXxxxxx’s compensation in an amount equal to any payment made to the Broker by any other Broker or the Seller. c. By acceptance of the amount of compensation offered by a Listing Broker or the Seller. d. Other: Unless otherwise specified above, the compensation is due and payable upon Closing. The compensation shall apply to any purchase agreements executed during the term of this Agreement, or during any extension of this Agreement. The compensation will also apply to purchase agreements executed within days (or 90 days if left blank) after the expiration or other termination of this Agreement, if the property acquired was presented to Buyer through the services of Broker. If Seller fails to close with no fault on the part of Buyer, the compensation shall be waived. If the transaction does not close due to a breach of the Contract of Sale by the Buyer, the compensation shall NOT be waived and shall become immediately due and payable.

Compensation of Broker. Broker shall be compensated in the following manner: (check only those that apply) a. By acceptance of the amount of compensation offered by a Listing Broker or the Seller. b. Buyer shall pay the Broker, at closing, an amount equal to $ or % of the gross selling price. Buyer shall receive a credit towards the payment of Broker’s compensation in an amount equal to any payment made to the Broker by any other Broker or the Seller. c. Buyer shall pay Broker a retainer fee of $ due and payable upon execution of this Agreement, which amount shall be applied towards Broker’s compensation upon closing on a transaction in which Buyer acquires Property. In all other circumstances, the payment shall be considered as a non-refundable retainer fee earned by the Broker. b. Buyer shall pay the Broker, at closing, an amount equal to $ or % of the gross selling/lease price. Buyer shall receive a credit towards the payment of Broker’s compensation in an amount equal to any payment made to the Broker by any other Broker or the Seller. c. By acceptance of the amount of compensation offered by a Listing Broker or the Seller. d. Other: Unless otherwise specified above, the compensation is due and payable upon Closing. The compensation shall apply to any purchase agreements executed during the term of this Agreement, or during any extension of this Agreement. The compensation will also apply to purchase agreements executed within days (or 90 days if left blank) after the expiration or other termination of this Agreement, if the property acquired was presented to Buyer through the services of Broker. If Seller fails to close with no fault on the part of Buyer, the compensation shall be waived. If the transaction does not close due to a breach of the Contract of Sale by the Buyer, the compensation shall NOT be waived and shall become immediately due and payable.