Common Contracts
1 similar Real Estate Commission Agreement contracts
Real estate commission agreement pdfReal Estate Commission Agreement • October 1st, 2020
Updated May 10, 2019The answer seems simple. The real estate agent lists the house for sale, and you like it. The next thing you know, you negotiate a price with the agent, the seller accepts, the house closes, and the seller pays six percent to the broker as a fee. It's done, isn't it? Unfortunately, it's not that simple. There are so many ways an agent can get compensated these days. Some of the new fixed fees and fees for listing brokerage services pay their agents a salary rather than a commission. Some brokerage companies pay their agent a base salary and a lower percentage of commissions for each transaction. That's all about everything from different types of agents and how they get compensated for their stellar services. Two types of agents there are two types of agents: buyer agents and agent sellers. If you notice a house that you like and call an agent to see it, you are dealing with the seller's agent. This agent works for the seller - not you, the buyer. The seller usually
