What typically triggers the commission for a real estate agent in a contingency listing?

The commission for a real estate agent in a contingency listing is typically triggered by finding a buyer for the property. In such listings, the agent's efforts are generally focused on bringing a buyer to the table who is ready and willing to purchase the property under the agreed-upon terms. The successful identification of a buyer indicates that the agent has fulfilled their primary role, which is crucial in initiating the commission payment process.

In contrast, while finalization of paperwork is an important part of the real estate transaction, it occurs after a buyer has been found and an agreement is reached. Initial client consultation is vital for understanding the client's needs and setting expectations but does not lead to earning a commission. Additionally, completion of inspections is part of the closing process and also occurs after the buyer is in place and does not directly relate to the agent's commission trigger. Thus, the act of securing a buyer is central to the commission structure inherent in real estate transactions.