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The Buyer Broker Compensation Agreement  Explained

Understanding Broker Compensation

When you work with a real estate broker, they provide various services to help you find and buy a property. The amount the broker gets paid isn’t set by law or real estate organizations. Here’s a simple breakdown of how they get paid.

Compensation for Brokerage Services

The brokerage fee may be handled through one of the following methods:

  1. Broker-to-Broker Compensation. The listing broker (the agent selling the home) may pay the broker.

    The fee may be covered by the listing broker through a broker-to-broker compensation agreement. In this scenario, the listing broker pays a portion of their professional services fee to the broker representing the…

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