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

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2
Q

Sales price x commission % = Total commission due

A

Buyer Brokerage Contract/Agreement

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