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 the transaction.  The term originated back when all brokers worked for the seller.  Thus the broker who actually brought the buyer to the transaction was the “selling broker.”  The term is still...

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