real estate broker fee agreement

before listing your home for sale, most real estate agents require you to sign a listing agent fee agreement. the listing fee agreement reflects the listing fee as a percentage of the final selling price of the home or as a fixed amount. a listing agent may or may not be entitled to the full amount of the fee paid, depending on his own commission agreement with the broker or real estate company he works for and whether he works with a buyer’s agent.

real estate broker contract

a real estate brokerage agreement is a contract between a buyer or seller and an agent of a real estate company. your real estate agent should be able to explain the details of any brokerage contracts presented to you while shopping for a new home. the listing agreement is probably the most widespread brokerage contract used by real estate agents. specific agent responsibilities will be detailed, along with whether a lock box is to be installed. this form describes the duties of the agent, and what services he will provide to the buyer in searching for a home.