Agent Commission

Jacksonville Real Estate News


Updated: Tuesday, May 22, 2012

Your Jacksonville real estate agent’s duty is to bring in buyers who are ready, willing, and able to present an offer. Your listing contract specifies the listing price. If you arrive at an agreement with the buyer, the agent has already done his or her job and earned his or her commission. The Jacksonville real estate agent is paid from the proceeds of the sale once the sale has closed. If the buyer cannot complete the sale, the house is placed back on the market and the agent has to start earning his or her commission all over again. On the other hand, if the seller backs out or does not accept an offer that meets the price and terms of the listing agreements, the listing agent has still earned the commission. Some agents may expect to be paid even though your home was not actually sold. Carefully deliberate every detail of your listing contract and any offers submitted. 

 

 

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