The offer was closed in the customer's agent. According to the gross sales arrangement, two% commission is payable by the customer. Although the agent who assisted me obtain the client for my property insists that this fee goes to the client's agent And that i must pay him a seller's agent rate of two% from my pocket.

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The payment could be established in accordance Together with the ‘prevailing practice’. This can be in accordance Together with the provisions of Post (26) and Short article (27) of your Broker’s Regulation, which states as follows:

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Certainly, I'd a sound RERA licence and the MOU was signed within the owner's name not mine as an agent. He hardly ever puts deals within the agent's name It is often his name or his PA’s.

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