Conditions for the receipt of brokerage fees

The following is a summary of the five minimum conditions required for the agent to be entitled to a brokerage fee:

• a brokerage agreement between the agent and the client.

• The brokerage agreement should be in writing.

• The brokerage agreement must include all the details detailed in Regulation 1 of the Agent Regulations.

• The realtor has a brokerage license in T.and Y. Y.P.

• The agent was the influential factor in the transaction between the seller and the buyer.

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Rise in the price index of input in residential construction from the year 1956 to 2021
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