Compensation to Buyer’s Broker. The amount or rate of Real Estate Commission is not fixed by law. They are set by the Seller and may be changed prior to an offer but are not a negotiable part of an offer. Seller here by agrees to compensate the Buyer’s Broker (Broker or Agent who brings a buyer) as follows:
Compensation to Buyer’s Broker. Should there by a Buyer / Tenant Agent involved, Seller(s) / Landlord (s) hereby agrees to compensate the Buyer’s or Xxxxxx’s Broker (Broker or Agent who brings a buyer or tenant) as follows:
Compensation to Buyer’s Broker. Should there by a Buyer / Tenant Agent involved, Seller(s) / Landlord (s) hereby agrees to compensate the Buyer’s or Tenant’s Broker (Broker or Agent who brings a buyer or tenant) as follows: _______________ percent of the selling price (monthly rental price)or Dollar amount $ ___________________payable at closing or lease signing. If it is a lease signing, the fee will be paid to Xxxxxxx Real Estate Company, who will then pay the Buyer’s Brokerage Company. THIS FEE MUST BE PAID AT LEASE SIGNING! If this is a sales agreement the Title Company can pay Buyer Brokage directly and the fee will be deducted from your costs on the ALTA statement / Closing Disclosure. Seller or Landlord agrees not to directly contact potential buyers or tenants who have been shown the property by a Broker/Agent for the purpose of evading payment of a lawful commission. Seller / Landlord further agree compensation to said Buyer Broker is solely at your choosing and you do not have to offer a commission for the property to be listed on the MLS, though offering a fair compensation is helpful in getting your property sold or rented more quickly. Any compensation due to a Buyer Broker for rental properties must be paid to Xxxxxxx Real Estate Company first. This again will have to be paid at lease signing either by you or the new tenant, preferably the new tenant. I accept Stripe, Zelle, and Venmo as payment options.
Compensation to Buyer’s Broker. In consideration of the services performed by Xxxxxx, Xxxxx agrees to pay a fee to Broker of $ or % of the gross purchase price of the property, unless otherwise agreed to in writing by all parties (the “Brokerage Fee”). Brokerage Fee shall be paid as indicated below: Broker is directed to first seek the Brokerage Fee from the listing broker, if any, or if none, from the seller. If the compensation offered exceeds the amount above, Xxxxx’s prior written consent will be required. If compensation offered by the listing broker or seller is less than the amount listed above, Buyer will pay the balance. Broker will not seek or receive the Brokerage Fee from the listing broker or the seller. The Brokerage Fee will be paid directly to Broker by Xxxxx. The following additional provisions shall apply if checked: Xxxxx agrees to pay a non-refundable retainer fee of $ . This fee is due and payable upon signing of this Contract and will will not be credited toward the above specified compensation to be paid to Broker. In addition to any of the above fees, Buyer will pay an administrative fee of $ to Broker. The Brokerage Fee will be deemed earned when Xxxxx enters into a contract for sale during the term of this Contract, whether brought about by Xxxxxx, Xxxxxx’s agent or by any other person, including Xxxxx. This fee will be due and payable at closing or upon Xxxxx’s default. If Buyer defaults, the total compensation that would have been due Broker will be due and payable immediately, in cash or certified funds, from Buyer. Should the seller fail or refuse to complete a transaction as agreed due to no fault of Xxxxx, Xxxxxx agrees not to seek to collect any fee from Buyer and any fee to Broker will be waived unless collected from the seller.
