Buyer Agency Fee - Addendum to offer/Purchase and sale Agreement

Report 20 Downloads 90 Views
Buyer Agency Fee

- Addendum to offer/Purchase and sale Agreement

SELLER:

and

BUYER: Dated

concerning the real Property located at

the undersigned Seller(s) and Buyer(s) hereby agree to the following:

Avenue 3 Real Estate, LLC as agent for the Buyer, shall be paid a fee in the amount of

(_Vo

$

of the purchase price) as follows:

l.

The Listing Broker has agreed to pay the Avenue 3 Real Estate, LLC a fee for procuring the Buyer, from the listing commission, in the amount of $ (_7o of the purchase price);

2.

As a condition of the Buyer's offer, the Seller shall pay Avenue 3 Real Estate, LLC, on the Buyer's ( behalf, the amount of $ Vo of the nurchase nrice):

LLC as the Buyer's agent, has no effect on the agency relationship of the parties, and it is understood and acknowledged that the Listing Broker reprcsents the Seller and Avenue 3 Real Estate, LLC represents the Buyer in this transaction. The source of payment of the fee to Avenue 3 Real Estate,

In addition, Buyer and Avenue 3 Real Estate, LLC wish to make clear that any poftion of the fee to be paid by the Seller to Avenue 3 Real Estate, LLC is included in the price being offered in the "Offer to Purchase/Purchase and Sale Agreement", to which this Addendum is attached and is intended to be paid from the proceeds of the transaction.

Seller

Buyer

Seller

Buyer

Date

Date