The 6% Real Estate Commission Bubble

Buyer Representation Agreement, Exclusive BRE

Broker authorizations and obligations

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CALIFORNIA CIVIL CODE 1624

a)The following contracts are invalid, unless they are in writing and subscribed by the party to be charged:
(4) An agreement authorizing or employing an agent or broker to procure, introduce, or find a purchaser or seller of real estate for compensation or a commission.

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