Real Estate Agent Retainer Agreement
Sunday, October 3, 2021 in Uncategorized
I recently closed a 4plex in FL, but had a less than excellent experience with my broker. I am now studying other markets and trying to create a team, and I have met a few brokers in AZ and FL, either ask for retainer fees or calculate by the hour for their services (identification, valuation, markets, etc.). Both write it to you well at the closing (against their commission), provided that you close on the ground. If you do not finally close on a property, you will lose this money. Chatham`s policy was to never welcome more customers than you have time to find a solution. After advising a client and deciding that you can resolve the situation, enter into a contract with or without Retainer. The amount comes back to you and what you think your time is worth. This agreement terminates any prior oral or written agreement between the parties prior to the conclusion of the real estate agency contract. We get the keys to your property at the fence, but it can also be convenient for you to get it directly from the sellers or your real estate agent…
