Q: When does any real estate agency deserve to take a commission; as soon as the contract is signed by both parties or something else? A: The agency fee shall be paid as per the terms of the agreement signed with the developer. Different developers put different terms and conditions for the payment…

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When should the agency fee be paid to the broker?

Dear sir/madam,

When should the agency fee be paid to the broker?

Or when does any real estate agency deserve to take a commission; as soon as the contract is signed by both parties or something else?

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Shamsa Albedwawi Advocates & Legal Consultants

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10 Feb 2022, 05:36

Hi,

The agency fee shall be paid as per the terms of the agreement signed with the developer.

Different developers put different terms and conditions for the payment.

Kindly check your agreement. It would be specified there.

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