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Thread: Open house commission question

  1. #1
    Join Date
    Sep 2007
    Location
    Shelton
    Posts
    88

    Default Open house commission question

    If I am hosting an open house that is not my listing, and a customer walks in and wants to buy and I have them sign a exclusive buyer agreement with me i am protected and I will get commission.

    But if they want to buy but do not want to sign an agreement and have no agent and I fill out the offer will I get commission?

    Last if a client comes in with or that has an agent I would not get paid at all is that correct?
    Sincerely,
    Joseph T. Martino
    REALTOR
    GMAC REAL ESTATE

    Frank A. Hoinsky Real Estate Inc.
    685 Main Street
    Ansonia, CT 06401

  2. #2
    Join Date
    Oct 2007
    Posts
    1,170

    Default Re: Open house commission question

    #2 - yes you will still get the commission if they put the offer in through you and you handle the transaction

    3# - a client with an agent, means no commission for you correct.
    Michael Trinchitella
    Associate Real Estate Broker
    e-PRO certified Internet Expert
    RE/Max Classic Realty - Yorktown Heights, NY
    Putnam & Westchester County NY Real Estate


    Mahopac NY Real Estate | Northern Westchester County Condos | Heritage Hills Somers NY

  3. #3
    Join Date
    Jul 2006
    Location
    Dallas, TX
    Posts
    1,003

    Default Re: Open house commission question

    is this a listing offered by the same company, don't forget about itermediary and disclosures which vary from state to state.

    I would consult your broker for specifics on protection,

    one thing for sure if you are not the agent that presents offer for client, you will not receive a commission
    Dallas Fort Worth Real Estate brokerage offering assistance buying, selling, renting Residential and Commercial Real Estate throughout the DFW Metroplex.Specializing in Homes, New Homes, Townhomes, Condos, Lofts, Highrises, & Apartments.
    DFW Urban Realty
    (800) 525-4124 - Email Us

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