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Question about broker fees
Betty Posted: Nov 21, 2004 05:14 PM+
Betty MEMBER SINCE: 9/02 TOTAL POSTS : 5700 WEDDING DATE: Aug 29, 2003
Posted: Nov 21, 2004 05:14 PM bride-minus.png

Question about broker fees

If a house is on the market through a real estate agency do you have to pay a broker fee as the BUYER of a house or does the SELLER pay the broker fee?
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sophie78 Posted: Nov 21, 2004 05:19 PM+
sophie78 MEMBER SINCE: 4/03 TOTAL POSTS : 3426 WEDDING DATE: Sep 18, 2004
Posted: Nov 21, 2004 05:19 PM bride-minus.png

Re: Question about broker fees

seller
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skew Posted: Nov 21, 2004 06:38 PM+
skew MEMBER SINCE: 10/03 TOTAL POSTS : 2414 WEDDING DATE: Oct 23, 2004
Posted: Nov 21, 2004 06:38 PM bride-minus.png

Re: Question about broker fees

it depends, if you are working w/ a buyer's broker than you have to pay the buyer's broker. the seller pays the listing agent.

the commision is factored in when the list price is set, so essentially YOU are paying the listing agent's commision even though it is the seller that hands over the money.
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