Listing Broker Compensation. SELLER shall pay the LISTING BROKER compensation of percent (%) of the selling price or a fee of dollars ($) at closing whichever is the greater sum unless otherwise modified in paragraph 9(B). In the event of dual agency, dual agency with designated sales agent or an unrepresented buyer, SELLER shall pay the LISTING BROKER compensation of percent (%) of the selling price or a fee of dollars ($) at closing whichever is the greater sum. (for an explanation of the types of agency, please see the NYS Agency Disclosure Form). Said total compensation shall be earned and payable under any of the following conditions: (a) If the LISTING BROKER or COOPERATING BROKER produces a buyer ready, willing and able to purchase the PROPERTY on such terms and conditions acceptable to the SELLER; (b) If through the LISTING BROKER or COOPERATING BROKER's efforts a buyer and the SELLER reach an agreement upon all the essential terms of a transaction; (c) If the PROPERTY is sold or rented during the term of this LISTING AGREEMENT whether or not the sale or rental is a result of the LISTING BROKER'S efforts and even if the PROPERTY is sold as a result of the efforts of the SELLER or any other broker or agent not acting under this LISTING AGREEMENT; (d) If the LISTING BROKER or COOPERATING BROKER is the procuring cause of a transaction. If within days after the expiration of the LISTING PERIOD, SELLER accepts a purchase offer on the PROPERTY from any person to whom the PROPERTY has been shown during the LISTING PERIOD, SELLER will pay LISTING BROKER the aforementioned compensation as if LISTING BROKER had made the sale provided the PROPERTY goes to closing. The preceding sentence shall not apply if during said period, SELLER lists the PROPERTY with another real estate broker.
Listing Broker Compensation. Seller agrees to pay Listing Broker the Flat Fee as selected above due and payable upon execution of this MLS Listing Agreement. Listing Xxxxxx agrees to list the Property in the local MLS and authorize the MLS to distribute the MLS listing to the local MLS syndicated sites.
