Andy has decided to drop the price on his townhome. His listing agreement states the list price as $650,000. How can he account for the price drop

Respuesta :

Based on the information given regarding the listing agreement, he can account for the price drop by establishing a compensation paragraph that the buyer will owe the broker commission.

What is a listing agreement?

It should be noted that a listing agreement simply means an employment contract that's between a property owner and a real estate broker.

In this case, he can account for the price drop by establishing a compensation paragraph that the buyer will owe the broker commission.

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