Compensation / Commission Language 

Updated August 2024

What language to use in special stipulations for compensation in an offer? 

DO NOT USE THIS LANGUAGE IN A PSA IF THE SELLER IS ALREADY OFFERING COMPENSATION IN A COMPENSATION AGREEMENT BETWEEN LISTING AND SELLING BROKER.

Seller shall pay $________________ or ______% of

the Purchase Price of the Property to Selling Broker (Broker assisting Buyer) at Closing as a concession to Buyer.

Seller shall pay $__________ or ______% of the Purchase Price of the Property to Selling Broker (Broker assisting Buyer) at Closing as a concession to Buyer. Buyer to ___% of purchase price of the property to selling brokerage at closing.

This is the only language approved to be written in the contract.