An agreement may be made between a real estate agent and the seller or property owner before selling his property. This agreement assures a commission to the real estate agent when the seller sells his property by making use of his services. In some agreements, the seller is obliged to pay the commission to the agent even if he finds a buyer on his own. In some cases when the seller is reluctant to carry out the transaction of selling his property in spite of having found a satisfactory buyer, still he is bound to pay the agent his commission. The commission is usually a small percentage of the selling price.
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