Common use of Compensation to Broker Clause in Contracts

Compensation to Broker. NOTICE: THE AMOUNT OR RATE OF REAL ESTATE COMMISSIONS IS NOT FIXED BY LAW. THEY ARE SET BY EACH BROKER INDIVIDUALLY AND MAY BE NEGOTIABLE BETWEEN SELLER AND THE LISTING BROKER, PRIOR TO LISTING IN THE MLS. (a) percent of the selling price or $ payable at closing, if Buyer's Broker produces a buyer who purchases the property at a price and on terms accepted by Seller during the Listing Period or extension. (b) This is an Exclusive Agency listing. Seller reserves the right to sell the property to a purchaser directly or through another Broker, without any obligation for commission to Listing Broker. (c) Seller authorizes Listing Broker to cooperate with other brokers. (d) Seller agrees to notify Listing Broker in writing within 24 hours of acceptance of any offer to purchase, close of escrow, lease or exchange including identity of all parties, price and terms. A penalty for treble damages may apply if seller does not so notify Broker in order for Listing Broker to comply with applicable MLS rules. (e) Seller agrees not to directly contact buyers that have been shown Seller's home by Selling/Buyer's Broker for the purpose of evading payment of a lawful commission to Selling/Buyer's Broker. (f) Seller agrees to maintain and keep in force sufficient hazard insurance until property is sold and closed.

Compensation to Broker. NOTICE: THE AMOUNT OR RATE OF REAL ESTATE COMMISSIONS IS NOT FIXED BY LAW. THEY ARE SET BY EACH BROKER INDIVIDUALLY AND MAY BE NEGOTIABLE BETWEEN SELLER AND THE LISTING BROKER, PRIOR TO LISTING UNTIL THE PROPERTY IS LISTED IN THE MLS.. SELLER AGREES TO PAY A BUYERS AGENT A SPECIFIC COMMISSION PERCENTAGE. Seller hereby agrees to compensate the Buyer's Broker (Broker/Agent who sells the property), irrespective of agency relationship(s) as follows: (a) percent of the selling price or $ payable at closing, if Buyer's Broker produces a buyer who purchases the property at a price and on terms accepted by Seller during the Listing Period or extension. (b) This is an Exclusive Agency listing. Seller reserves the right to sell the property to a purchaser directly or through another Broker, without any obligation for commission to Listing Broker.. Listing Broker has been paid a flat fee to list the property in the MLS> (c) Seller authorizes Listing Broker to cooperate with other brokers. (d) Seller agrees to notify Listing Broker in writing within 24 hours of my acceptance of any offer to purchase, close of escrow, lease or exchange including identity of all parties, price and terms. A $400 penalty for treble damages may apply if seller does not so notify Broker in order for Listing Broker to comply with applicable MLS rules. (e) Seller agrees not to directly contact buyers that have been shown Seller's home by Selling/Buyer's Broker for the purpose of evading payment of a lawful commission to Selling/Buyer's Broker. (f) Seller agrees to maintain and keep in force sufficient hazard insurance until property is sold and closed.

Compensation to Broker. NOTICE: THE AMOUNT OR RATE OF REAL ESTATE COMMISSIONS IS NOT FIXED BY LAW. THEY ARE SET BY EACH BROKER INDIVIDUALLY AND MAY BE NEGOTIABLE BETWEEN SELLER AND THE LISTING BROKER, PRIOR TO LISTING UNTIL THE PROPERTY IS LISTED IN THE MLS.. ▇▇▇▇▇▇ AGREES TO PAY A BUYERS AGENT A SPECIFIC COMMISSION PERCENTAGE. Seller hereby agrees to compensate the Buyer's Broker (Broker/Agent who sells the property), irrespective of agency relationship(s) as follows: (a) percent of the selling price or $ payable at closing, if Buyer▇▇▇▇▇'s Broker produces a buyer who purchases the property at a price and on terms accepted by Seller during the Listing Period or extension. (b) This is an Exclusive Agency listing. Seller reserves the right to sell the property to a purchaser directly or through another Broker, without any obligation for commission to Listing Broker.. Listing Broker has been paid a flat fee to list the property in the MLS> (c) Seller authorizes Listing Broker to cooperate with other brokers. (d) Seller ▇▇▇▇▇▇ agrees to notify Listing Broker in writing within 24 hours of my acceptance of any offer to purchase, close of escrow, lease or exchange including identity of all parties, price and terms. A $400 penalty for treble damages may apply if seller does not so notify Broker in order for Listing Broker to comply with applicable MLS rules. (e) Seller ▇▇▇▇▇▇ agrees not to directly contact buyers that have been shown Seller's home by Selling▇▇▇▇▇▇▇/Buyer▇▇▇▇▇'s Broker for the purpose of evading payment of a lawful commission to Selling/BuyerSelling/▇▇▇▇▇'s Broker. (f) Seller agrees to maintain and keep in force sufficient hazard insurance until property is sold and closed.