Final answer:
Yes, it is legal for your agency to accept this type of bonus. The bonus is being offered by the listing agency, not by your agency. This type of bonus is commonly referred to as a commission bonus or incentive.
Step-by-step explanation:
Yes, it is legal for your agency to accept this type of bonus. The bonus is being offered by the listing agency, not by your agency. As a buyer agent, you are representing the interests of Suzanna, so if you are able to put the property under contract by 6:00 pm on Sunday, your agency would be eligible for the bonus.
This type of bonus is commonly referred to as a commission bonus or incentive. It is a common practice in the real estate industry to offer such bonuses to encourage agents to sell properties quickly. The bonus does not affect the legality of the transaction or the representation of Suzanna as a buyer.
Example: If you successfully put the property under contract by 6:00 pm on Sunday, your agency would be entitled to receive the $1000 bonus from the listing agency.