Zillow Advice: Buying Process - Does the Realtor charge a commission to the buyer? http://www.zillow.com/advice-thread/Does-the-Realtor-charge-a-commission-to-the-buyer/465547/ Zillow Advice | Zillow Real Estate The fees are paid by the ... http://www.zillow.com/advice-thread/Does-the-Realtor-charge-a-commission-to-the-buyer/465547/ The fees are paid by the selling agent... but I have seen it happen... Wed, 27 Mar 2013 21:58:00 GMT http://www.zillow.com/advice-thread/Does-the-Realtor-charge-a-commission-to-the-buyer/465547/ 2013-03-27T21:58:00Z No, if it is listed on the ... http://www.zillow.com/advice-thread/Does-the-Realtor-charge-a-commission-to-the-buyer/465547/ No, if it is listed on the MLS, then the buyer will not have to pay anything<br/><br/>Yes, if I find you a home that is not listed on the market than I will charge a buyer's fee. &nbsp;<br/><br/>Example: &nbsp;Homeowner A was not planning on selling, but on your behalf I convinced him to sell his home to you.<br/><br/>However, in most situations, I will likely find you a home on the MLS. &nbsp;Call me if you have any questions! Thu, 25 Oct 2012 22:48:00 GMT http://www.zillow.com/advice-thread/Does-the-Realtor-charge-a-commission-to-the-buyer/465547/ 2012-10-25T22:48:00Z It depends on the Realtor. ... http://www.zillow.com/advice-thread/Does-the-Realtor-charge-a-commission-to-the-buyer/465547/ It depends on the Realtor. Some Realtors will charge retainer fees, some say I need to make X amount on each transaction and if the sale's price commission doesn't cover that amount then the buyer will be asked to make up the rest, and then some just take what the seller gives them. Either way, whichever Realtor you do intend to use just have the conversation prior to looking at homes so you both are on the same page. Best of luck! Thu, 25 Oct 2012 21:39:00 GMT http://www.zillow.com/advice-thread/Does-the-Realtor-charge-a-commission-to-the-buyer/465547/ 2012-10-25T21:39:00Z yes. &nbsp;directly or indirectly, ... http://www.zillow.com/advice-thread/Does-the-Realtor-charge-a-commission-to-the-buyer/465547/ yes. &nbsp;directly or indirectly, but nonetheless, yes. Thu, 25 Oct 2012 20:59:00 GMT http://www.zillow.com/advice-thread/Does-the-Realtor-charge-a-commission-to-the-buyer/465547/ 2012-10-25T20:59:00Z This is one of the times ... http://www.zillow.com/advice-thread/Does-the-Realtor-charge-a-commission-to-the-buyer/465547/ This is one of the times when the NAR has devised marketing propaganda that is sheer genius. <br/><br/>Follow the money and the answer is clear.<br/>Buyer buys the home for $1 million. He/she gives the $1M to the seller. If the commission is set at 6% the seller takes 6% from the $1M (i.e., $60K) and pays the listing agent. The listing agent then takes roughly half (i.e., 3% = $30K) and pays the buyers (your) agent.<br/>According to the procedure the seller pays the commission to the agents. However if you follow the money the seller took the commission from what the buyer paid to distribute the money to the agents so in reality the buyer pays the commission. <br/><br/>If you think the answer is self-evident. If you don't think the answer is what the NAR agents tell you.<br/> Thu, 25 Oct 2012 20:20:00 GMT http://www.zillow.com/advice-thread/Does-the-Realtor-charge-a-commission-to-the-buyer/465547/ 2012-10-25T20:20:00Z In NYC, where there is a ... http://www.zillow.com/advice-thread/Does-the-Realtor-charge-a-commission-to-the-buyer/465547/ In <a href="http://www.citi-habitats.com/showrentals.php" rel="nofollow">NYC, where there is a shortage of rental inventory</a>, the approved occupant pays one months rent to their agent at lease signing.&nbsp; The owner pays one months rent as a listing fee. Thu, 25 Oct 2012 18:23:00 GMT http://www.zillow.com/advice-thread/Does-the-Realtor-charge-a-commission-to-the-buyer/465547/ 2012-10-25T18:23:00Z Here is the Easy but Thorough ... http://www.zillow.com/advice-thread/Does-the-Realtor-charge-a-commission-to-the-buyer/465547/ Here is the Easy but Thorough Version for my area (Washington DC Metro Area):<br/><br/>--Purchaser is on the hook to pay the agreed upon Buyer Broker fee. &nbsp;<br/>--Listing brokerage offers a certain amount to the Buyer's Broker upon closing.<br/>--Buyer's Broker Agreement allows for Buyer Broker to Accept that offering and Apply it to the Purchaser's Broker Fee Obligation.<br/><br/>Sound complicated? &nbsp;It's a roundabout way to allow the Seller to provide compensation while giving Purchasers an opportunity to have someone looking out for their best interests. (Rather than looking out for the Seller since the Seller pays the tab).<br/><br/>Exception to all of this: &nbsp;If Buyer Broker Fee is more than the amount offered by Listing Brokerage, Buyer is supposed absorb that shortfall.<br/> Thu, 25 Oct 2012 17:51:00 GMT http://www.zillow.com/advice-thread/Does-the-Realtor-charge-a-commission-to-the-buyer/465547/ 2012-10-25T17:51:00Z Usually not, the Seller pays ... http://www.zillow.com/advice-thread/Does-the-Realtor-charge-a-commission-to-the-buyer/465547/ Usually not, the Seller pays the commission. HOWEVER, all commissions are based on what you and your Realtor agree too in writing prior to seeking a home.<br/><br/>Good luck.<br/><br/>Kenny<br/>TURTLE CREEK REALTY Thu, 25 Oct 2012 17:24:00 GMT http://www.zillow.com/advice-thread/Does-the-Realtor-charge-a-commission-to-the-buyer/465547/ 2012-10-25T17:24:00Z To directly answer the question ... http://www.zillow.com/advice-thread/Does-the-Realtor-charge-a-commission-to-the-buyer/465547/ To directly answer the question does the Realtor "charge"&nbsp;a commission to the buyer?&nbsp; The answer is usually no.&nbsp; Does the buyer's realtor get paid a commission yes.&nbsp; It is usually paid out of the seller's proceeds.&nbsp; Yes that amount is always taken in consideration of the sales price to the seller. As a buyer your agent is there help you navigate your many options and should help you to understand the advantages and disadvantages of various properties as they pertain to your particular situation.&nbsp; They also are there to help you negotiate the best deal possible for you and hopefully introduce you to options you did not consider before.&nbsp; For these services your agent should get compensated but you do not have to write a seperate check to your agent as they are getting compensation from the closed transaction.&nbsp;&nbsp;<br/><br/>Most of the companies/agents that will pay a rebate are not full service agents and will want you to do all the homework yourself and&nbsp;only write up the offer in anticipation of a watered down paycheck.&nbsp; Choose your agent wisely.&nbsp; Read reviews on your agent ask for references if you do not know them, and if you have a friend who has had a great experience with an agent (not necessarily a cousin's wife's negihbor who happens to sell real estate) chances are they are a good agent.&nbsp; Also look and see if your agent has earned any designations (letter's next to their name) that&nbsp;usually means they are serious about the business and have invested time and money in education to be better agents.&nbsp; The top&nbsp;designation I look for in sending&nbsp;a referral to an out of area agent I might not know personally&nbsp;is CRS (Certified Residential Specialist).&nbsp; Only the top 4% of the agents have earned this designation. &nbsp;Good luck in your home and agent search. Thu, 25 Oct 2012 17:22:00 GMT http://www.zillow.com/advice-thread/Does-the-Realtor-charge-a-commission-to-the-buyer/465547/ 2012-10-25T17:22:00Z I think what you need to ... http://www.zillow.com/advice-thread/Does-the-Realtor-charge-a-commission-to-the-buyer/465547/ I think what you need to remember is that&nbsp;ultimately&nbsp;you do pay all of the commissions because it comes out of the money you bought the house with, but you do not get to decide how much those commissions are. The seller and listing agent decide how much the commissions will be with the contract that they sign with the brokers being the persons ultimately splitting with the agents. So all that be said the seller decides how much they will take for their home depending upon how much they want to walk away with after&nbsp;expenses&nbsp;i.e. paying off loans, closing cost, taxes, commissions and so on.<br/>Lastly the other thing to remember is that a buyers agent researches properties for you, sets up appointments, writes contracts and so on in the hopes that they get a deal together for you. If they don't get a deal together for you they do not get paid. Thu, 25 Oct 2012 16:55:00 GMT http://www.zillow.com/advice-thread/Does-the-Realtor-charge-a-commission-to-the-buyer/465547/ 2012-10-25T16:55:00Z