If I (or attorney) am handling the sale, but buyer is working with an agent, who pays the agent fee?

  • February 17 2009 - Edmond
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Answers (3)

Profile picture for JoshBarnettREIB
It is typical for the seller to pay the commissions in our region, it is an advertising expense, but as with everything Real Estate, it is all negotiable.  Keep in mind when signing a listing agreement the commission offered at that point are what normally is offered on the MLS, you will always want to know what the going rate is, much like shopping your home loan.
  • March 12 2009
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Profile picture for ZIONUSA

Dear Barbara,

In our area, the commission is typically added to the sale price, then on the HUD Settlement statement at closing it will show as a debit from the Seller's proceeds.  Where the commission comes from isn't really the issue, it's just a matter of accounting for it on paper.  What does matter is (1) the purchase price the Buyer is willing to pay for your home and (2) if that purchase price less the expenses is what you're willing to accept.  When you have those two items in place, you've got a deal!

Best wishes for success!

  • February 28 2009
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Profile picture for rockinblu
Customarily the seller pays the commission, but everything is negotiable. Good luck.
  • February 17 2009
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