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Dearborn Heights council approves Keller Williams listing deal after heated debate over commissions
Summary
After extended debate over commission splits and contract length, the Dearborn Heights City Council approved a master listing agreement with Keller Williams Legacy to market roughly 60 city-owned properties, approving a 2% listing commission and 1.5% buyer-agent incentive for the current portfolio; council emphasized the need to generate $1.5 million in sales this fiscal year.
The Dearborn Heights City Council voted to award brokerage services for the city’s inventory of vacant and distressed properties to Keller Williams Legacy, approving a compromise commission structure and directing the firm to return with individual listing agreements.
Council members spent more than an hour debating commission splits, contract length and protections for owner-occupants. The council approved the master agreement with an amendment providing 2% to the listing brokerage and 1.5% to a buyer’s agent for the current group of properties; Keller Williams will present specific listing agreements for each parcel before properties go to market.
Mayor Beydoun and…
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