A buyer's agent compensation can be structured as:
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Only a percentage of the sale price
A flat fee, percentage, or hourly rate
Only a flat fee
Only an hourly rate
Why is this correct?
Buyer's agent compensation is negotiable and can be structured in various ways including a percentage of the sale price, a flat fee, an hourly rate, or a combination. The key is that it must be clearly specified in the written agreement.
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