What is a Safety Clause in Real Estate?

What is a Safety Clause?

A safety clause in real estate is a provision in a listing agreement that protects the real estate agent's commission for a specified period after the contract with the seller ends. If the property is sold to a buyer who was introduced to the property by the agent during the listing period, the agent is still entitled to a commission. This clause ensures that the agent receives compensation for their efforts if their work leads to a sale shortly after their formal agreement with the seller has expired.

Make real-time data your competitive advantage!

Schedule a demo below to see our multifamily analytics platform and APIs in action.