It depends on the wording of the agency contract.. generally all advertising is payable plus the Auctioneers fee..
Agents can be quite ruthless in extracting every last cent after a property has failed to sell and where the owner is disillusioned. And the owner is usually disillusioned...
Why pick on Real Estate Agents?
Because the industry is so riddled with deceptive, unethical and corrupt practices..
In securing a listing they:
- Suggest they have buyers lined up when they dont.
- Suggest they can sell a property for X when they really know X - Y is more likely
-...
Here I go again..
Show me one other industry apart from Used Cars/Car Finance that is so rampantly self-serving, dishonest, unethical, and so damn righteous about NOT being.. Our Real Estate Industry is a national disgrace.