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A seller's broker may be compensated by the seller in which of the following means...?

Retainer fee
Seller paid fee
Commission
Any of the above

User Cowmoogun
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1 Answer

2 votes

LlFinal answer:

A seller's broker can be compensated by the seller through a retainer fee, a seller paid fee, or a commission.

Step-by-step explanation:

A seller's broker may be compensated by the seller in several different ways, which include:

  • Retainer fee: This is a fixed amount of money paid in advance to secure the broker's services.
  • Seller paid fee: This refers to any agreed-upon fees that the seller pays directly to the broker, which are not contingent on the sale of the property.
  • Commission: A percentage of the sale price of the property, which is the most common method of compensation for seller's brokers in real estate transactions.

Thus, the correct answer to which means a seller's broker may be compensated by the seller is 'Any of the above'.

User Kombuwa
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