when may a listing broker change her offer of compensation to a cooperating broker?

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joneil3480 joneil3480

23-12-2021
Social Studies

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when may a listing broker change her offer of compensation to a cooperating broker?

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Tundexi Tundexi · Answer 1 · 2021-12-30T15:06:47+01:00

The listing broker can change the offer of compensation to the cooperating broker after the offer to purchase is produced.

Basically, the listing broker is the broker responsible for representing the interests of people who want to sell their property.

However, the cooperating broker is the broker who finds a buyer for the property on sales

Therefore, the situation where the listing broker can change the offer of compensation to the cooperating broker is when the offer to purchase is produced.