Asked by Theperfectstorm79, Gate City, VA • Fri Nov 15, 2013
"Broker is authorized to receive the compensation offered by the Listing Firm to a buyer's broker or paid by a seller, which compensation will be credited against the Fee due by Buyer to Broker. For the services rendered by Broker, Buyer agrees to pay Broker fee equal to 5% of the gross purchase price" So is the broker's commission included in the sale price, or is it due in cash by the buyer at closing?
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