Bonus to selling agent or BTSA refers to the compensation given to the real estate agent who brings the buyer to the transaction. It is an added incentive for agents to show a specific listing. BTSA must be stated in the written agreement between a listing broker and a seller. This type of bonus is often tied to closing within a certain period or the property selling for a particular price.
Bonus to selling agent
Bonus to selling agent or BTSA refers to the compensation given to the real estate agent who brings the buyer to the transaction. It is an added incentive for agents to show a specific listing. BTSA must be stated in the written agreement between a listing broker and a seller. This type of bonus is often tied to closing within a certain period or the property selling for a particular price.
