Which agreement typically does not have a commission structure in the form of a percentage of the sale price?

A flat fee agreement stands out as it typically does not incorporate a commission structure based on a percentage of the sale price. Instead, it involves a predetermined fixed amount that the real estate agent has agreed to receive for their services, regardless of the final sale price of the property. This type of agreement can be advantageous for clients who want to avoid a commission that varies with the sale price and prefer clarity in their total financial commitment.

In contrast, listing agreements, buyer representation agreements, and exclusive agency agreements generally include a commission structure that is based on a percentage of the sale price. These traditional commission models align the interests of the agent with the client, incentivizing the agent to secure the best possible deal for the sale of the property. The percentage-based structure means that the agent’s earnings increase as the sale price increases, creating a strong motivation for effective performance.