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All agents are NOT alike! Find out why I am a top real estate expert. Call me: 973-868-1835.
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Find Out About the Latest Homes for Sale First! I add my newest homes and other real estate listings to this web site first. It can be some time before they appear in the MLS. Find Out More > View All Offers >
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Agency >Who Pays the Commission
Does it cost the homebuyer more to be represented by a buyer's agent who serves their interests exclusively? No, because the listing agent splits the sales commission, which is customarily paid by the seller of the home, with the buyer's agent. The sales commission split is usually 50-50, but the listing agent and buyer's agent will sometimes make another agreement and split the commission unequally.
There is one very unusual circumstance in which the homebuyer might pay a commission to their buyer's agent. The real estate agent might show the buyer a local "for sale by owner" (FSBO) home which the client decides to purchase. In most cases, the FSBO seller who is presented with a qualified buyer is glad to pay the buyer's agent a reduced fee of about 3 percent, or half of a normal sales commission. But the FSBO seller could stubbornly refuse to pay the buyer's agent any commission whatsoever. In that case, the buyer's agent would legitimately expect the buyer to pay the sales commission, in fair exchange for the agent finding the FSBO home and negotiating a successful transaction.
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| Q |
Where would you go to visit the largest ancient castle in the world?
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| A |
You would travel to Prague, Czech Republic, to see the Prague Castle, built in the 9th century, with a total surface area of 18 acres. |
See More Real Estate Trivia > |
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Frances Rosado Coldwell Banker 789 Clifton Ave Clifton, NJ 07013 973-594-4333 Fax: 973-773-5133 FrancesRosado@NUMBER1EXPERT.Com
Frances is a full-service agent who is always thinking ahead and making plans to ensure the most efficient time management, and her incredible organizational skills allow her to accomplish more in a day producing optimal results. Throughout every step of the process, Frances keeps you informed and up-to-date with all the pertinent information you need to make sound decisions. Whether buying or selling your home in Clifton or the surrounding communities, Frances Rosado is A Star Performer. Call her today to schedule a complimentary consultation. 
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