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by TedDoesntTalk 969 days ago
That doesn't help. The seller does not save money unless BOTH buyer and seller have no real estate agent.

If the buyers have a real estate agent and the seller does not, the seller pays the buyer's real estate agent double their usual payment - at least in the 3 states where I've sold properties.

3 comments

That is not a state law thing. All that matters is the specific contracts you have with your agent and with the buyer. If you're working with an agent they'll nearly always require the standard 6% split between agents, but if you are not then the buyer's agent commission is something that can be negotiated just like any other clause of the contract.

It also just doesn't really matter. What you care about as a seller is that you get the most net money for your house. If one of the buyers wants to have 6% of the money they're paying you go to their agent, that just means their offer needs to be that much higher than a buyer who doesn't have you paying their agent as much.

A buyer's agent should be paid by the buyer, since the agent is working for the buyer. You could agree to do it, or you could reject their offer if they ask you to pay the agent commission.
Buyer's agent can ask for that, sure. It's not like it's automatically that way and the seller has to agree to it.