This form is a Commission Agreement. A company agrees to appoint an agent to handle certain duties described in the contract. The company agrees to pay the agent a commission on all total sales.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés.
For your convenience, the complete English version of this form is attached below the Spanish version.
Yes, both parties have legal responsibilities in a Commission Agreement. The agent is expected to act in your best interests, and you'll need to uphold your end of the deal too, so it pays to know what you’re signing!
If you're not satisfied with your Realtor's performance, bring it up with them. If things don't improve, you may want to consider cancelling the agreement if that's an option.
Under a Commission Agreement, you should expect your Realtor to market your property, show it to potential buyers, and help negotiate offers. They’ll be in your corner through the process!
Yes, you generally can cancel a Commission Agreement, but be mindful of the terms. It's best to read the fine print or discuss it with your agent first.
Most Commission Agreements last for a set period, usually around six months, but it can vary. You want to make sure you’re comfortable with the timeframe before signing.
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