variable-rate commission:
Posted by PRO Sat, 25 Mar 2006 16:33:00 GMT
A variable rate commission arrangement is a type of exclusive right-to-sell or exclusive brokerage listing in which there are three or more levels of commission. The highest level of commission is paid if the property is sold through the efforts of a cooperating broker. A lower level is paid if the listing participant sells it in-house. An even lower rate is paid if the seller finds the buyer.
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