THE GUIDE TO SELLING YOUR HOME
Step 6 - Sign the Agreement with your Agent
This is a legally binding contract, so read it carefully and obtain legal advice before you sign it. The agreements will vary from state to state, but will generally include the following:
- The agents estimate of the selling price (fixed or a range)
- The price for which the property is for sale, or the expected price to be received at auction
- The duration of the agreement
- Commission rates, fees and charges payable to the agent
- Advertising costs and who pays them
- Information about what happens if the property is passed in at an auction
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