FIND PROFESSIONALS
SHOP BY DEPARTMENT
Houzz Logo Print
mary_md7

Commission on closing help

mary_md7
13 years ago

A coworker is interviewing agents to arrange a listing contract, and the two agents she has met with so far insist that the commission must be based on the gross sales price, without taking into account money given to the buyer.

So if someone buys a house for $400K and gets $10K in closing help (or renovation allowance, or whatever), the sale is really $390K. Why shouldn't the commission be based on $390?

Comments (7)