Do you have to pay the realtor upfront?

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May 22 2010 - Jacksonville
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Answers (10)

Profile picture for Mark LeMenager
You do not normally pay your realtor up front, but if you enter into a standard Florida buyer's agent contract then yes, there is a provision for up front payment.  This is usually netted against your agent's commission at closing.
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July 08 2010
Profile picture for JaxRealtor
No, most Buyers and Sellers get the benefit of Realtor expertise for free unless a transaction closes. At closing, whomever has agreed to pay the Realtor commission is expected to pay. [Exception: Cafeteria Plan - Fee for service brokerage.]
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July 06 2010
NO, the Realtor commission is not paid up front but at the closing table customarily out of the seller's proceeds.  However, the buyer and seller can agree in writing for the buyer to pay the realtor commission..again it would be paid at closing.  
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July 05 2010
Profile picture for Jax Realtor
No.  Realtors are paid by the seller at closing.
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June 18 2010
Profile picture for GOBryan1
No. A Realtor is paid at closing. A check is disbursed at that time. It's usually charged to the Seller, not the Buyer.
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May 23 2010
No, you will pay the realtor at closing.
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May 22 2010
Profile picture for OliverIndra
Hi Tweety, :)

If you are buying, you actually don't have Realtor costs, the Realtos are paid by the sellers.
If you are selling the Realtors will be paid at close of Escrow.

Hope this helps.
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May 22 2010
Profile picture for Debbie Holmes
Everything is negotiable.  Unless you want a fee for service Realtor you pay at closing.  I have heard of negotiating everything separate but I have always taken my pay at closing.....  I would like to see results (like a sold home) before I paid my agent.
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May 22 2010
Profile picture for Life Smith
Know your loan option, you dont have to use the total loan amount if you cant afford the payments. Know your options. Realtor are grate but there's alot of hype around the need for them every time a transation takes place.
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May 22 2010
If you are buying or selling the agents are paid at closing.

All the best
Charlie
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May 22 2010
 

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