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Real estate Settlement has taken place on 12 March. You have received an order on the agent and are free to account to the Vendor

Real estate Settlement has taken place on 12 March. You have received an order on the agent and are free to account to the Vendor for money held, and hand over the keys. The property sold for $908,000 and your commission is 2.2%. Marketing costs were $3,879. You are holding 10% deposit. Write a letter advising the Vendor that the property has sold and include a statement of monies so they know how much money they will receive from your Agency.

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