The seller usually pays the brokerage fee to the real estate agent who, in turn, pays the real estate agent who worked to bring the buyer to the transaction. In the event that the seller decides not to sell the property before the end of the terms of this real estate agency contract and a bona fide price is offered to the seller by a buyer he refuses, the agent owes the commission on this sale, as if the offer were accepted. Some of the major franchises charge a percentage of «peak» fees for each commission to their franchisee brokerage. These fees could be deducted from the commission before the broker receives it and separates from the agent. Agent/Broker Commission Agreement between the Broker`s Name and Valley Health Plan This Broker Agreement («Agreement») is entered into, is valid from February 1, 2015 («Effective Date»), by and between Santa Clara County. . . .