1,472,185
Yes it does and the listing agreement is confidential with only me, my Brokerage and the Seller having copies.
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Tony and Suzanne Marri...
Scottsdale, AZ
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Sandy Padula & Norm Pa...
, CA
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Susan Emo
Kingston, ON
1,872,498
Yes & we also have a co-broker fee for the MLS that we subtract from that. Old custom we practice here. It's up to $275 to $300.
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Tony and Suzanne Marri...
Scottsdale, AZ
-
Sandy Padula & Norm Pa...
, CA
5,774,106
Tony,
It did on our agreement. A
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Tony and Suzanne Marri...
Scottsdale, AZ
-
Sandy Padula & Norm Pa...
, CA
1,107,418
Our Data Sheet (addenda to Listing Agreement) has a place for C/B amount.
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Tony and Suzanne Marri...
Scottsdale, AZ
-
Sandy Padula & Norm Pa...
, CA
921,504
Yes, the LA does require that information. However the LA is confidential.
The MLS also REQUIRES the co-broke compensation to be displayed.
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Tony and Suzanne Marri...
Scottsdale, AZ
-
Sandy Padula & Norm Pa...
, CA
682,240
I was glad to see Az change to this a few years ago. It was like that in CA also
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Tony and Suzanne Marri...
Scottsdale, AZ
-
Sandy Padula & Norm Pa...
, CA
1,581,655
634,582
It is disclosed in our listing agreement and published on our MLS.
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Tony and Suzanne Marri...
Scottsdale, AZ
115,482
Yes it does - and I think it very important that the seller understands - and agrees to - the split. I believe that undercutting what is paid out can impact buyer agent draw. If that results and the seller is not aware it would not seem right to me. Our listing agreement makes this clear - total commission and how much it paid out, specficially stated.
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Tony and Suzanne Marri...
Scottsdale, AZ
4,434,277
Yes. It is printed in the listing contract.
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Tony and Suzanne Marri...
Scottsdale, AZ
1,266,293
469,625
Yes, Our forms have both the total commish and co-broker commish. There are some agents that do not necessarily split them 50/50 but most do. For those that don't and keep more than half for the listing side, a few actually provide some extra service like agent paid staging and I know of one guy that actually pays for a home inspection and pays for minor repairs to be completed out of his pocket. So if that guy does a 3.5% listing side - 2.5% co broker side - it seems fair to me and still in the seller's best interest. All that said, by far, most of the heavy listing agent side commish splits are not in the seller's best interst (in my opinion). And I'm pretty sure those sellers don't understand that their agent is acting more for his/her own best interest than theirs. It's true the listing agents my spend more money on marketing but most of that market is for picking up more clients. Price, decent pics and getting the home on the MLS are what sells a home in this tech savy information age. And the buyer's agents actually put in more time and sometimes equal amount of cash (between gas and lunches - but mostly it's the time spent) to get a home sold. And in my opinion, people's time is more valuable/deserving than marketing dollars.
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Tony and Suzanne Marri...
Scottsdale, AZ
1,755,692
The Florida Exclusive RIght to Sell Listing Agreement is specific on this disclosure, as it the California Listing Agreement; yet it seems many sellers do not insist on an equal split.
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Tony and Suzanne Marri...
Scottsdale, AZ
6,733,051
3,218,642
only that compensation that is in the MLS, so it does not apply if a BA outside my MLS brings a buyer and they are paid based on how much of their job they do. If they start with "can't attend inspections, can't meet appraiser, can't let buyer in to measure" they are not getting the full BA commission.
4,322,295
Yes Tony and Suzanne Marriott, Associate Brokers - our listing agreement has a blank for this field - to be filled in by the listing agents.
2,234,865
Our listing contracts have the total commission paid listed and then how it is split.
3,986,473
2,443,346
Yes, and this is new this past year. Prior to that I always wrote it in.
617,985
Tony and Suzanne,
It is clearly broken out in our Colorado listing agreement.
4,768,166
6,035,173
Yes, it does have an area where we break down the listing and selling commission.
1,157,847
5,585,039
we always disclose to the seller what we will be paying for a cobroke fee....
321,664