Check out this great video that explains the e-Cloud Realty's compensation plan in about a minute!
Agents who represent both parties to a single real estate transaction in a dual agency scenario pay an additional $300 Risk Management Fee in addition to the transaction fee due on each side. This includes a husband and wife who are each representing a different side in the same transaction.
Agents pay a $350 Risk Management Fee when selling personal real estate property where the agent represents him/herself. This includes all real estate property where an agent has potential personal financial gain. Agents are not permitted to represent both sides of a transaction when selling personal real estate property. e-Cloud Realty encourages agents to hire another e-Cloud Realty agent to handle the listing of their property to promote compliance and added protection from possible lawsuits.
Agents who represent both parties to a single real estate transaction in a dual agency scenario pay an additional $300 Risk Management Fee in addition to the transaction fee due on each side. This includes a husband and wife who are each representing a different side in the same transaction.
Agents pay a $350 Risk Management Fee when selling personal real estate property where the agent represents him/herself. This includes all real estate property where an agent has potential personal financial gain. Agents are not permitted to represent both sides of a transaction when selling personal real estate property. e-Cloud Realty encourages agents to hire another e-Cloud Realty agent to handle the listing of their property to promote compliance and added protection from possible lawsuits.
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