Home Buying in 12061>Question Details

Elizabeth Pa…, Real Estate Pro in Defreestville, NY

A For sale by owner and a real estate agent want to show a home to a buyer and something was mentioned about "agent protection." What does this mean?

Asked by Elizabeth Paone, Defreestville, NY Mon Oct 8, 2012

This probably refers to the agent wanting to protect their right to a commission should a seller elect to sell to their client. In our home selling library, we have an article on types of listings. One of those is a "one time show." This is something the agent will probably come in and get a seller to sign before bringing in their clients. It identifies the client, the commission, and prevents seller and that buyer from negotiating directly at a later time, with the intent to cut the agent out of the deal and not pay a commission.

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