Who Really Pays Buyer Agent Commission?
By Associate Broker Falmouth MA Cape Cod Heath Coker, Heath Coker Berkshire Hathaway HS Robert Paul Prop
(https://teamcoker.robertpaul.com)
Who Really Pays Buyer Agent Commission?When you sell a home in Texas, one question comes up often: who really pays the buyer agent commission? Many assume the seller covers it all. Yet the money flow tells a fuller story.If a seller sold their home as a For Sale By Owner and they negotiated the buyer agent commission from 2.4 percent down to 2 percent you'd think they understood this. But the buyer then raised their offer by 1 percent. On paper, the commission came out of my proceeds at closing. In reality, the buyer helped cover part of it through a higher price. Both sides shared the cost, even if the paperwork showed only the seller paying.According to the National Association of Realtors, commissions in most U.S. residential deals come from the seller’s proceeds and split between th...
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