Your
listing contract specifies a listing
price. Your agent’s job is to bring a "ready, willing and able"
buyer to present an
offer. If you reach agreement with the
buyer, then the
agent has done his job and earned the
commission. Once the sale has closed, the real estate
broker
gets paid from the proceeds of the sale.
If the buyer proves unable or unwilling to conclude the sale,
the house is placed back on the market and the agent has to
begin earning his or her commission all over again.
However, if the seller backs out or does not accept an offer
that meets the price and terms of the listing agreement, the
listing broker has still earned the commission. They may want to
be paid, even though you did not actually sell your home.
Therefore, it is very important to carefully consider every
detail when completing your listing contract and accepting an
offer to buy your property.
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What Will My Agent Do For Me -
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Why You Shouldn't Be Home -
Meeting Real Estate Agents -
Multiple Listing Service
Are Commissions Negotiable
- Agent Open Houses
When you decide you may want to sell your
home in Southern Maryland you will need and agent who can help
you, not just tell you what they can do.
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