selling office

CRAIG BLACKMON IS A REAL ESTATE ATTORNEY, BROKER, AND INNOVATOR IN SEATTLE.

Selling Office Commission (or SOC)

Selling Office Commission (SOC) The seller-paid commission offered to the buyer’s agent. The seller pays the commission (typically 6%)  to the real estate firm where the seller’s agent works, the listing firm. The listing firm then pays part of it to the selling...

Selling Agent

The Real Estate Broker who represents the buyer – not the seller – in a transaction.  If an agent works for the buyer, why is she called the “selling” agent? It is a very old term that originated back when all agents worked for the seller. Real estate...

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