COMMISSION SECTION OF SELLER BROKERAGE ENGAGEMENT AGREEMENT

COMMISSION SECTION OF SELLER BROKERAGE ENGAGEMENT AGREEMENT
To complete the commission section of the seller brokerage engagement agreement, it is required that one of the boxes is marked in paragraph 4.b. (highlighted below). This section should indicate if the Seller Directs Seller’s Broker to Pay or Not to Pay a Cooperating Broker a Portion of the Seller’s Commission.  We are seeing this section left blank, but it needs to indicate one or the other. 

4. Commission. [Select one or more of the following below.]
a. Commission to be Paid to Seller’s Broker. Seller agrees to pay Broker the following commission (“Commission”) at the closing of
any Contract to Sell (as that term is hereinafter defined) of the Property as follows:
* __________________________ percent (%) of the sales price;
* $__________________________________________________;
* (other) _____________________________________________.
b. Seller Directs Seller’s Broker to * Pay or * Not to Pay a Cooperating Broker a Portion of Seller’s Commission Above.
(NOTHING HEREIN SHALL OBLIGATE SELLER TO DIRECT BROKER TO PAY ANY PORTION OF ITS COMMISSION TO A COOPERATING BROKER. IN SUCH EVENT, THE BUYER SHALL BE RESPONSIBLE FOR PAYING THE COOPERATING BROKER’S COMMISSION). If Seller’s Broker is paying a cooperating broker a portion of its commission, it shall be in the amount set forth below, subject to the following exceptions:
* __________________________ percent (%) of the sales price;
* $__________________________________________________;
* (other) _____________________________________________.
Exceptions _____________________________________________________________________________________________

---