Would like your opinion on the follow “Fee Agreement” an agent sent me. Doesn’t seem right to me.
Please acknowledge on behalf of Paul St Martin and or related Entities/Persons that you will The MHP Broker LLC/Marcus & Millichap of Atlanta a total fee of SIX PERCENT (6%) commission to be paid in cash at closing. The 6% fee will be for all brokers, referral agents, and anyone with a claim to commission. The 6% fee is an aggregated total of all commissions paid by the buyer and seller. If the seller does not pay the full 6% then the buyer will pay the difference up to 6%. At no time will the commission exceed 6%.
If you agree to this fee agreement please reply by typing “ACCEPT”. This agreement is valid for 12 months from acceptance.