Question: We know requirements to have a valid (enforceable) contract pertaining to real estate. We also know that hiring a real estate broker can be helpful

We know requirements to have a valid (enforceable) contract pertaining to real estate. We also know that hiring a real estate broker can be helpful on both the sell-side and the buy-side.

Questions:

1. Do you think that it is fair for real estate brokers to charge a commission based upon the value of the property that they are able to close?

2. Should their fees be based more on a different formula?

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