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Commissions and Deposits, who's entitled to these and when?! 005
Manage episode 422045511 series 3574874
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In this weeks mini episode, Shane and Alex dive into the topic of commissions in real estate transactions. We compare the commission structures in Florida and North Carolina, as well as the differences in due diligence deposits and escrow deposits while in "inspection periods".
Within this weeks episode we start to also explore the question of whether agents should be compensated for their time and effort if a buyer backs out of a deal. Sparking a hot topic conversation touching on the importance of value and the potential use of retainers in the real estate industry.
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