A real estate commission agreement is a written document stating all the terms and conditions of real property exchange. Although property exchange takes place between a buyer and seller, the agreement is arranged between a realtor or real estate agent and buyer or seller or both. Agents are mostly paid through their prescribed fees which can be negotiated but most agents ask for a defined percentage of the amount used while purchasing the property. It is a legal document and can be used in a court of law to prove…
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