The Saskatoon Home Team

Where Integrity Meets Hard Work

What is a Seller's Agency?

The Listing Agent/Broker owes the Seller core duties as his/ her fiduciary, including honesty, loyalty, dedication to purpose, acting in the Seller's best interests, etc., in exchange for the Seller's agreement to allow the Agent/Broker to sell the property and earn a commission. The Listing Agreement usually specifies that the Listing Agent/Broker agrees to share, 'co-op', or split, the total commission with a Buyer Agent/Broker who represents the Buyer.

Seller's Agency

These terms are frequently set out in the Multiple Listing Service for the Seller and Listing Agent, and in the buyer listing service for the Buyer and Buyer Agent.
The Saskatoon Home Team
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