19-Dec-2008

There are several ways that the agents can be paid when doing a Lease/Purchase. One way that the agents can be paid is at the beginning of the deal. In this case, the agent would be paid their commission or a portion of their commission at the closing of the Lease/Purchase contracts. (When the buyer is putting down the deposit and prior to occupancy)Typically, this money would be paid out of the down payment that the buyer is putting down. For obvious reasons, this is normally only used when the buyer is putting down a large enough deposit for the agent to receive any of their commission out of it.