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In contrast, a dual agent will receive the entire commission on the transaction, since there’s no second agent to split it with. Thus, the amount can often be open to negotiation.
The term "agent" is not to be confused with salesperson or broker. An agent is simply a licensee that has entered into an agency relationship with a client. A broker can also be an agent for a client. It is commonly the firm that has the actual legal relationship with the client through one of their sales staff, be they salespersons or brokers.
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Work arounds and other possible other impacts. The change comes as home prices in the area have dramatically increased. Buncombe County's median home sale price has increased by over 53% in the ...
Buying agents or purchasing agents are people or companies that offer to buy goods or property on behalf of another party. [1] Indent agents or indenting agents (or firms) are alternative terms for buying agents. [2] An indent is an order for goods under specified conditions of sale. [3] [4]
The multiple principal problem, also known as the common agency problem, the multiple accountabilities problem, or the problem of serving two masters, is an extension of the principal-agent problem that explains problems that can occur when one person or entity acts on behalf of multiple other persons or entities. [1]
Round robin is a procedure for fair item allocation.It can be used to allocate several indivisible items among several people, such that the allocation is "almost" envy-free: each agent believes that the bundle they received is at least as good as the bundle of any other agent, when at most one item is removed from the other bundle.
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