Real estate agents: Real estate agents are often the first point of contact for preparing a purchase agreement. They use standardized forms that comply with state-specific laws and regulations.

This strategic step reinforces the ongoing partnership between the two entities and reflects their shared commitment ...

Real Estate Legal Industry Midsize Law Purchase and Sale Agreement: Commercial Real Estate An excerpt of a pro-purchaser, long-form model purchase and sale agreement for commercial property ...

If one real estate agent is representing both the buyer and the seller, the seller typically pays the full commission as they normally would. The commission is usually 5% to 6% of the purchase price.

Even if the referring firm fails to make the disclosure at the time the referral is made, the fee will be disclosed to the buyer or seller in the brokerage services agreement, NWMLS said.