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Updated over 8 years ago on . Most recent reply
What happens if the agent is related to the buyer/seller?
Hello,
I am currently working on getting my RE license and I am in the topic of the conflict of interest.
What will happen if the agent is related to the seller/buyer? I looked it up and people were saying that they would reject the commission and put it towards the closing cost?
I just want too get some clarity on this topic.
Thank you!
Most Popular Reply
Wayne Brooks
#1 Foreclosures Contributor
#1 Foreclosures Contributor
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- West Palm Beach, FL
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Wayne Brooks#1 Foreclosures Contributor
#1 Foreclosures Contributor
- Real Estate Professional
- West Palm Beach, FL
There is no difference at all. Of course, you Could reduce/contribute part of your commission if you wanted to......just like if you were a carpenter you could do a couple of thousand dollars of work for free, if you were so inclined,no difference.