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The Gibbs Team

512-431-2403

January 25, 2021 By

How Commission Distribution Works

Once your home is listed in the Multiple Listing Service (MLS), the listing broker discloses the terms of the commissions to other competing brokers so they will bring their buyers to the listing. When the buyer’s broker presents a contract to the seller, it will include a provision to collect their share of the sales commission, as offered by the listing agent in the MLS.

Published with permission from RISMedia.

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Broker License #502033 - Texas Law requires all licensees to give Consumer Protection Notice and Information about Brokerage Services