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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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Over what famous building is aircraft forbidden to fly at any time?
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No aircraft is permitted to fly over the Taj Mahal in India. |
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Velva Dunn
King Capital Realty
30 Northwoods Blvd
Columbus, OH 43235
United States
velvadunn@NUMBER1EXPERT.com
Personal Phone
Main: (614)
766-6268
Mobile: (614) 477-7555
Fax:
(614)766-6270
Service Area Information
Office Area(s):
Columbus, Worthington, Powell, Dublin
Additional Service
Areas: Upper Arlington, New Albany, Delaware, Hilliard, Marysville, Plain
City, Gahanna, Granville, Granview, Southern Deleware, Reynoldsburg,
Pickerington, Johnsontown, Pataskala, Bexley, Marion, Lancaster, Waldo, Grove
City, Grove Port, Galena, Mansfield, Zanesview
Professional &
Personal Distinctions
Designations: Luxury Home Specialist,
Relocation Specialist, New Home Construction Specialist, Residential and
Commercial Sales, Land Development, 1031 Exchanges, Accredited Buyer
Representative, Certified Buyer Representative, Certified Residential
Specialist, Graduate Realtor Institute, Seller Representative
Specialist
Awards/Clubs: Lifetime Achievement, Platinum Club,
Hall Of Fame
Hobbies: Scuba/Snorkel, Travel, Gardening, Horses,
Sports, Theater and the Arts
Languages: English,
Spanish
Civic Activities: Children's Miracle Network, Easter
Seals/Disabled, Ronald McDonald House
    
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