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
Field (Element) Status: ACTIVE
BEDES: --
Record ID: f60cc7d
Usage
- 76% of Systems (13/17)
- 53% of Organizations (265/501)
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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: Nov 08 2023
Form: PropertySimple
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