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A common question before buying a home

Discussion in 'General Business' started by Mia Allen, Mar 20, 2018.

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  1. #1
    I don't understand, Who pays the Realtor fees when buying a home?
     
    Mia Allen, Mar 20, 2018 IP
  2. qwikad.com

    qwikad.com Illustrious Member Affiliate Manager

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    #2
    As a rule the home seller pays the fee, not the buyer.
     
    qwikad.com, Mar 20, 2018 IP
  3. 2ndChance_Amazon

    2ndChance_Amazon Greenhorn

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    #3
    Hi,

    I'm a realtor here with an active real estate license in Massachusetts and New Hampshire.
    In most cases, you as buyer, do not pay your realtor's commission. How it works is, the seller pays commission to listing agent, then the listing agent splits (it is not always 50-50) it with your realtor. However, if you decide to buy a "for sale by owner" and the seller refuses to pay your agent's fee, you may or may not be responsible to cover the fee yourself. Always give your realtor the chance to approach the FSBO and negotiate his/her own commission. Do not go behind his/her back to try to cut his/her out of the deal because there is a clause in the buyer agency agreement (if you had one executed) that protects realtors from this type of thing.
     
    2ndChance_Amazon, Sep 8, 2018 IP
  4. sarahk

    sarahk iTamer Staff

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    #4
    What country are you in?
     
    sarahk, Sep 8, 2018 IP
  5. MatBerrows

    MatBerrows Greenhorn

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    #5
    Realtor helps the seller, so the seller pays fees.
     
    MatBerrows, Sep 13, 2018 IP
  6. Ian Murphy

    Ian Murphy Greenhorn

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    #6
    The answer is obvious - seller!
     
    Ian Murphy, Sep 18, 2018 IP
  7. MyLead-Global

    MyLead-Global Greenhorn Affiliate Manager

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    #7
    The answer should be obvious - it's the seller that pays the fee
     
    MyLead-Global, Sep 19, 2018 IP