Hi everyone, Just wondering how much commission is allowed. There are two agencies, one representing seller and the other, buyer and we received an Approval letter reducing commission to 4%. Anyone have any experience with this? Do they pay 6%? Thank you.
How was this resolved? I am getting the same thing. I have a clause in the listing contract that says the "sales commission may not be reduced to less than 6% as a condition of the sale". And I am running into the same thing.