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Updated almost 7 years ago on . Most recent reply

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Loren Neufeld
1
Votes |
10
Posts

Does a seller owe a commission without a contract?

Loren Neufeld
Posted

I recently contacted a local realtor in my area, as a third party, to get a valuation assessment for my father's property. The next day she came to look at the parcel and at that point said she has a client that would be interested in a viewing. The following day the potential buyers arrived at the property, liked it, and the realtor came back with an offer. My question is what is a reasonable commission for the seller to pay with no contract in place?

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