Legal Question in Real Estate Law in Ohio
Listing agent not wanting to share commision
If a real-estate agent keeps sending back counter-offers to a (Contract to Purchase Offer) and finally submits one that you could not possibly sign,(For the reason to not having to split commision with sellers agent)is this practice legal? Or is it just being greedy?
Thank You
Asked on 10/02/01, 10:11 am
1 Answer from Attorneys
Gregg Manes
Gregg A. Manes, Esq.
Re: Listing agent not wanting to share commision
First, look to the listing agreement. Usually the listing and the selling agent split the commission.
You are obligated to pay the commission stated in the listing agreement. It is up to the realtors to decide how the commission is to be split. He or she can not modify the agreement at this late date.
Answered on 11/09/01, 10:53 pm