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05-20-2011, 05:59 AM #1
Renter
- Join Date
- May 2011
- Posts
- 1
Seller finds buyer
My home is listed with a NJ Broker. If I find a buyer myself from someone calling me or a relative, what happens to the agents commission split?
Also, what procedure must I follow legally?
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You need to follow the terms and conditions of your contract and the law in your specific location. I would suggest discussing this with the agent you have your home listed with since we cannot give you legal advice and have not ever seen the contract you signed.
Mark Brian Silver Star Real Estate
Upstate South Carolina Real Estate
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05-21-2011, 08:36 AM #3
Moderator
- Join Date
- Sep 2007
- Location
- Outer Banks
- Posts
- 1,281
Most likely the agent gets to keep all the money but like Mark said, you need to see what it says in your contract.
Your Outer Banks real estate agent. Learn how to buy Outer Banks foreclosures.
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05-24-2011, 10:23 PM #4
Fixer Upper
- Join Date
- Aug 2010
- Location
- Las Vegas, NV
- Posts
- 24
Although as mentioned before we do not have the contract you signed, many brokerages have a clause in the contract and especially if it is an exclusive right contract, it doesn't matter who bringds in the buyer you, the agent or another agent, the broker gets paid. Read the listing agreement, it is in there.
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