Variable Rate / Dual Rate Commission
What does this really mean?
PLUS, Can the seller offer the buyers agent a bonus?
PLUS, Can the seller offer the buyers agent a bonus?
Variable Rate or Dual Rate commission is when you, the listing agent makes an agreement with the seller that if you or the seller represents the buyer on the purchase of their property, you will reduce your commission to the seller. This gives you the listing agent an advantage over an agent representing a buyer so you must disclose this type of an agreement.
Also can the seller offer the buyers agent a bonus for closing on time?
Also can the seller offer the buyers agent a bonus for closing on time?
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