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SELLING BROKER COMMISSION ADDENDUM The real estate brokerage company acting as the Selling Broker on the purchase of real estate commonly known as: ,,, (hereafter the Property) by (hereafter the Purchaser)

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How to fill out selling broker commission addendum

How to fill out selling broker commission addendum:

01

Obtain a copy of the selling broker commission addendum form from your broker or real estate association.

02

Fill in your contact information, including your name, address, phone number, and email.

03

Provide the details of the real estate transaction, including the property address, the buyer's name, and the seller's name.

04

Indicate the commission amount or percentage that you, as the selling broker, are entitled to receive upon successful completion of the sale.

05

Specify any additional terms or conditions related to the commission, such as payment timelines or any shared commissions with cooperating brokers.

06

Review the filled-out form for accuracy and completeness.

07

Sign and date the selling broker commission addendum.

08

Provide a copy of the completed form to the buyer, seller, and any other relevant parties involved in the transaction.

Who needs selling broker commission addendum:

01

Real estate agents or brokers involved in a real estate transaction as the selling broker.

02

Sellers who have agreed to pay a commission to the selling broker as part of their listing agreement.

03

Buyers who are purchasing a property with the assistance of a selling broker and need to acknowledge the commission terms.

It is important to note that specific requirements and regulations regarding selling broker commission addendums may vary by jurisdiction and individual contracts. It is recommended to consult with a real estate professional or attorney for guidance on filling out this form correctly and in accordance with local rules and regulations.

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