Prelicensing Video #6 Agency Contracts Unit 3.5
Travis Everette・2 minutes read
Compensation in real estate transactions is crucial, with exclusive right to sell agreements being the most common in North Carolina. Listing agents must find ready, willing, and able buyers to secure compensation, as well as understand different types of agreements to ensure fair compensation practices.
Insights
- Exclusive agency agreements are essential to protect the office's best interests in real estate transactions, ensuring that only one specific broker is authorized to work with the seller.
- Compensation in real estate contracts is not only about the amount but also includes the circumstances under which it is owed, emphasizing the importance of presenting a qualified buyer who is ready, willing, and able to complete the transaction.
Get key ideas from YouTube videos. It’s free
Recent questions
What is the purpose of exclusive agency agreements?
Exclusive agency agreements protect the office's best interests.
Related videos
Flipping Mastery TV
The 4 Pillars Of A Motivated Seller - With Brent Daniels
Travis Everette
Course Video #2--Agency Basics and Introduction
Wholesaling Houses For Real
How TO Get Your First Wholesaling Real Estate Deal As A Beginner (Step by Step)
Ultimate CA
Sale of Goods Act ( SOGA) Revision CA Foundation Law | Unit 3 | CA Indresh Gandhi
Real Estate Skills
How To Wholesale Real Estate Step by Step (IN 21 DAYS OR LESS)!