Common use of Dual or Variable Rate Commission Arrangements Clause in Contracts

Dual or Variable Rate Commission Arrangements. The existence of a dual or variable rate commission arrangement (i.e., one in which the Seller agrees to pay a specified commission if the property is sold by the listing Participant without assistance and a different commission if the sale results through the efforts of a cooperating Participant; or one in which the Seller agrees to pay a specified commission if the property is sold by the listing Partici- pant either with or without the assistance of a cooperating Participant and a dif- ferent commission if the sale results through the efforts of a Seller) shall be dis- closed by the listing Participant by a key, code or symbol as required by Central Texas MLS. The listing Participant shall, in response to inquiries from potential cooperating Participants, disclose the differential that would result in either a co- operative transaction or, alternatively, in a sale that results through the efforts of the Seller. If the cooperating Participant is a buyer/tenant representative, the buyer/tenant representative must disclose such information to their client before the client makes an offer to purchase or lease.

Dual or Variable Rate Commission Arrangements. The existence of a dual or variable rate commission arrangement (i.e., one in which the Seller agrees to pay a specified commission if the property is sold by the listing Participant without assistance and a different commission if the sale results through the efforts of a cooperating Participant; or one in which the Seller agrees to pay a specified commission if the property is sold by the listing Partici- pant Participant either with or without the assistance of a cooperating Participant and a dif- ferent different commission if the sale results through the efforts of a Seller) shall be dis- closed disclosed by the listing Participant by a key, code or symbol as required by Central Texas MLS. The listing Participant shall, in response to inquiries from potential cooperating Participants, disclose the differential that would result in either a co- operative cooperative transaction or, alternatively, in a sale that results through the efforts of the ofthe Seller. If the cooperating Participant is a buyer/tenant representative, the buyer/tenant representative must disclose such information to their client before the client makes an offer to purchase or lease.

Dual or Variable Rate Commission Arrangements. The existence of a dual or variable rate commission arrangement (i.e., one in which the Seller agrees to pay a specified commission if the property is sold by the listing Participant without assistance and a different commission if the sale results through the efforts of a cooperating Participant; or one in which the Seller agrees to pay a specified commission if the property is sold by the listing Partici- pant Participant either with or without the assistance of a cooperating Participant and a dif- ferent different commission if the sale results through the efforts of a Seller) shall be dis- closed disclosed by the listing Participant by a key, code or symbol as required by Central Texas MLS. The listing Participant shall, in response to inquiries from potential cooperating Participants, disclose the differential that would result in either a co- operative cooperative transaction or, alternatively, in a sale that results through the efforts of the Seller. If the cooperating Participant is a buyer/tenant representative, the buyer/tenant representative must disclose such information to their client before the client makes an offer to purchase or lease.