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How much are buyers' real estate fees?

  • November 11 2012 - US
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Answers (5)

Norm D Plume I do not work for free, but if you read a little bit further on the line you quoted you will see that I said that the "Seller USUALLY pays the Buyer's agent,"

Why did I say usually instead of always? Only because I have seen some crafty folks marketing homes requesting that the buyers pay their agent monies, but this is not a common practice.  Yet?  Ever?  Who knows.

Best wishes from So-Cal and good luck
  • November 13 2012
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Hi user2534793 ;-)
Typically the seller pays an agent to sell his home and usually an agent from another company has a buyer. The agent that the seller hired splits the commission with the other agent. I see commissions from 5-7% depending on the state. A buyer will typically not pay any of the commission but will have to pay their closing cost which includes title, escrow, your lenders cost for the loan, inspections, appraisal etc. Where I'm at, here in Sacramento, those cost are usually around 2-2.5% of the price of the home. Many times you can negotiate the seller to pay those cost, but it depends on the price you offer and the market you're in. 
Hope that helps.  
  • November 13 2012
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most Realtors do not charge Buyer's for their services
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You work for free?

  • November 13 2012
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Contact your loan officer for that information...since most Realtors do not charge Buyer's for their services (the Seller USUALLY pays the Buyer's agent).

Best wishes from So-Cal and good luck
  • November 13 2012
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I'm not sure what specifically you mean. If you are asking what costs will a buyer incur in purchasing a home? Then it will depend on when, where, and how you buy.
  • November 11 2012
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