Real Estate Contracts Flashcards
1
Q
Listing price based on amount customer wants to clear after sale of real estate property:
Net amount customer wants to clear
+seller fees & expenses
= Total net & expenses
/(divide) -seller’s % (100% - broker commission %)
= Sale Price
A
Net Listing
2
Q
Sales price x commission % = Total commission due
A
Buyer Brokerage Contract/Agreement