Commission Agreement Ga

The Georgia Real Estate Agent Listing Agreement is used to create a relationship between an agent and a person who is trying to sell real estate. By executing the contract, the seller allows the broker to rate his property on the open market and, if a buyer is found before the contract expires, earn a commission on the sale. The contract also deals with the nature of the agreement between the owner and the representative; In most cases, the parties will choose an agreement on the « exclusive right of sale ». This type of offer offers the broker an exclusivity for the real estate transaction. The exclusive agreement also allows the agent to earn a commission on the sale, whether or not a buyer is found due to their services. Other types of ads are allowed in Georgia (for example. B open list, exclusive agency).