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30 September, 16:01

When you have an exclusive contract with a real estate agent, what does the contract entails you?

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  1. 30 September, 16:56
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    Under this type of agreement, the real estate agent's commission is guaranteed.

    Explanation:

    An exclusive agency contract means that the seller must pay the agent a commission no matter who sells the property, unless the person that closes the sale is the seller himself/herself. If any other agent closes the sale, the original agent must still be paid.
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