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

Question

raketka [301]

3 years ago

7

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

Business

1 answer:

Gnoma [55] · Answer 1 · 2022-09-13T23:47:54+03:00

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.

<h3>What is a listing agreement?</h3>

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.

Learn more about listing agreement on:

brainly.com/question/8186569