One of the Most Crucial Parts of the Exclusive Right to Sell Listing Contract
The Compensation Section (Section 2)鈥攁nd mastering this conversation with sellers can make a huge impact on your success.
At USA-1 Real Estate, our standard listing compensation is 3%, and we want to ensure every agent is confident in explaining this to sellers while emphasizing the importance of Buyer Brokerage compensation.
馃攽 Key Takeaways for Your Next Listing Appointment
1锔忊儯 Emphasize Negotiability
- Let the seller know that all commissions are negotiable and not set by law.
- Position your value and why USA-1 Real Estate鈥檚 3% listing fee is a strong investment in selling their home.
2锔忊儯 Break Down the Two Compensation Types
- Listing Brokerage Compensation (USA-1 Real Estate’s Fee): Typically 3% of the final sales price, covering our marketing, negotiation, and full-service listing support.
- Buyer Brokerage Compensation (Optional but Recommended): Most sellers offer 2.5% to 3% to incentivize buyer agents to bring qualified buyers.
3锔忊儯 Address Seller Concerns
- If a seller asks, “Do we have to offer Buyer Brokerage compensation?” explain that it鈥檚 optional but increases buyer interest and agent motivation.
- If a buyer is unrepresented, USA-1 Real Estate may still receive the full 3%, but no separate Buyer Brokerage fee is required.
4锔忊儯 Understand Compensation Modifications
- The Buyer Brokerage compensation can be adjusted in the final purchase agreement if the buyer and their agent agree.
- Once a buyer or their agent notifies us of an intent to submit an offer, the offered compensation is locked in for three calendar days to protect cooperating brokers.
馃敟 Want to Feel More Confident?
Mastering this section of the contract will make your listing appointments smoother, help you gain seller trust, and ultimately lead to more closed deals. Let鈥檚 keep setting the standard for excellence at USA-1 Real Estate! 馃挭馃彙
馃摉 Check out the REVISED Exclusive Right to Sell Listing Contract HERE