Hello My parents are planning to sell their property through a listing broker in the city of New York. The contract listed two brokers on the agreement and that the owner agrees to pay the listing broker a total commission of 3%.
"The OWNER hereby agrees to pay the LISTING BROKER a total commission in the amount of 3%"
My question is, are the two brokers sharing the 3% or will my parents have to pay a 6% fee?
Thank you for the help.
[link] [comments]
source https://www.reddit.com/r/RealEstate/comments/xq5a7c/two_brokers_listed_on_exclusive_right_to_sell/
Comments
Post a Comment