Quote:
Originally Posted by thevillages2013
A customer of mine sold a Grandview (3400sq ft premier) through Properties of The Villages about two years ago for 1.45 million. Earnest money(deposit) was $200,000 and if the deal went south the “Realty company “ kept half. It closed
|
I believe the Realty company would keep half UP TO their fees. So assuming 3% they would get $43,500 not half. That is a typical contract.