Definition

A commission arrangement in which the seller agrees to pay a specified commission to the listing broker if the property is sold through the efforts of a cooperating broker, but the seller pays the Listing broker a different commission amount if the sale occurs if:1) there is no cooperating broker involved or 2) due to the efforts of the seller directly.

Standard Name: DualVariableCompensationYN


Display Name: Dual Variable Compensation Yes/No

Group: Listing, Compensation

Data Type: Boolean

Suggested Maximum Length: --

Suggested Maximum Precision: --

Synonyms(s): DualVariableCompensation, DualVariableRateCompensation, VariableCompensation

BEDES: --

Record ID: f60cc7d


Lookup Status: --

Lookup Name: --

Property Types: RESI, RLSE, RINC, LAND, MOBI, FARM, COMS, COML, BUSO

Payloads: --

Spanish Display Name: Compensación Dual Variable SN

French-Canadian Display Name: --

Status Change Date: JUN 21 2016

Revision Date: FEB 08 2016

Added in Version: --



Usage

  • 80% of Systems (12/15)
  • 58% of Organizations (226/389)

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RESO Certifies Against the Standard Name

Display Name represents a recommendation for public display that MLSs and other data producers may use based on local, legal and language-based needs.



Page Revision Date: Sep 29 2022

Form: PropertySimple