In a scenario where multiple real estate agents are involved, what happens if one closes a deal?

In a scenario where multiple real estate agents are involved, what happens if one closes a deal?

• A. All involved agents get a share
• B. Only the agent who made the sale gets the commission
• C. The seller decides the commission distribution
• D. The broker divides the commission equally

Answer: (B)

In a real estate transaction where multiple agents are involved, typically, only the agent who actually facilitated the sale or closed the deal would receive the commission. This reflects the principle that commissions are earned by the agent who actively engages in the sale process, negotiates terms, and brings the transaction to completion. This approach incentivizes agents to work effectively to close deals, knowing that their efforts will be rewarded with commission. It's important to recognize that even if multiple agents are involved in the transaction—such as a listing agent, buyer's agent, or cooperating agents—the actual commission payment is made to the agent or agency that completed the sale. While commission structure can vary depending on the terms agreed upon by the agents and their respective brokerages, the standard practice in real estate transactions is that the commission follows the result achieved by the specific agent involved in the final sale.

In a real estate transaction where multiple agents are involved, typically, only the agent who actually facilitated the sale or closed the deal would receive the commission. This reflects the principle that commissions are earned by the agent who actively engages in the sale process, negotiates terms, and brings the transaction to completion.

This approach incentivizes agents to work effectively to close deals, knowing that their efforts will be rewarded with commission. It's important to recognize that even if multiple agents are involved in the transaction—such as a listing agent, buyer's agent, or cooperating agents—the actual commission payment is made to the agent or agency that completed the sale.

While commission structure can vary depending on the terms agreed upon by the agents and their respective brokerages, the standard practice in real estate transactions is that the commission follows the result achieved by the specific agent involved in the final sale.