Common use of Retainer Fee Clause in Contracts

Retainer Fee. This Agreement shall have ☐ no retainer fee ☐ a non-refundable retainer fee in the amount of $_ to obtain the Agency’s services under this Agreement (“Retainer Fee”). If a Commission is paid the Retainer Fee shall be deducted from the total Commission amount. The Commission is due and payable at closing by the Buyer. The amount or rate of real estate commissions is not fixed by law. The commission is set by each Broker individually and may be negotiable between the Buyer and the Broker.

Retainer Fee. This Agreement shall have ☐ no retainer fee ☐ a non-refundable retainer fee in the amount of $____________________ to obtain the Agency’s services under this Agreement (“Retainer Fee”). If a Commission is paid the Retainer Fee shall be deducted from the total Commission amount. The Commission is due and payable at closing by the Buyer. The amount or rate of real estate commissions is not fixed by law. The commission is set by each Broker individually and may be negotiable between the Buyer and the Broker.

Retainer Fee. This Agreement shall have ☐ no retainer fee ☐ a non-refundable retainer fee in the amount of $_ [RETAINER AMOUNT] to obtain the Agency’s services under this Agreement (“Retainer Fee”). If a Commission is paid the Retainer Fee shall be deducted from the total Commission amount. The Commission is due and payable at closing by the Buyer. The amount or rate of real estate commissions is not fixed by law. The commission is set by each Broker individually and may be negotiable between the Buyer and the Broker.

Retainer Fee. This Agreement shall have have: (check one) ☒ - No retainer fee. ☐ no retainer fee ☐ a non-refundable - A retainer fee in the amount of $$ _ that is non- refundable to obtain the Agency’s services under this Agreement (“Retainer Fee”). If a Commission is paid the Retainer Fee shall be deducted from the total Commission amount. The Commission is due and payable at closing by the Buyer. The amount or rate of real estate commissions is not fixed by law. The commission is set by each Broker individually and may be negotiable between the Buyer and the Broker.

Retainer Fee. This Agreement shall have have: (check one) ☐ no - No retainer fee fee. ☐ a non-refundable - A retainer fee in the amount of $_ [RETAINER FEE AMOUNT] that is non-refundable to obtain the Agency’s services under this Agreement (“Retainer Fee”). If a Commission is paid the Retainer Fee shall be deducted from the total Commission amount. The Commission is due and payable at closing by the Buyer. The amount or rate of real estate commissions is not fixed by law. The commission is set by each Broker individually and may be negotiable between the Buyer and the Broker.

Retainer Fee. This Agreement shall have have: (check one) ☒ - No retainer fee. ☐ no retainer fee ☐ a non-refundable - A retainer fee in the amount of $____________________ that is non-refundable to obtain the Agency’s services under this Agreement (“Retainer Fee”). If a Commission is paid the Retainer Fee shall be deducted from the total Commission amount. The Commission is due and payable at closing by the Buyer. The amount or rate of real estate commissions is not fixed by law. The commission is set by each Broker individually and may be negotiable between the Buyer and the Broker.