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How does the real estate agent get their commission?
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beautyq115
New Year!
Member since 5/05 13729 total posts
Name:
Me
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How does the real estate agent get their commission?
Or maybe I should say from whom? We did not use a buyers agent. Our agent was working for the seller but was NOT the listing agent. Do we have to pay the agent anything? I am confused HELP
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Posted 10/30/07 7:14 PM  |
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Long Island's Largest Bridal Resource | Prudential Douglas Elliman Real Estate |
MrsS2005
Mom of 3
Member since 11/05 13118 total posts
Name:
B
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Re: How does the real estate agent get their commission?
You shouldn't have to pay the agent anything. The commission is paid by the seller. If there are 2 agents, they usually split the commission that the seller agreed to pay.
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| Posted 10/30/07 7:23 PM |
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beautyq115
New Year!
Member since 5/05 13729 total posts
Name:
Me
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Re: How does the real estate agent get their commission?
Posted by MrsS2005
You shouldn't have to pay the agent anything. The commission is paid by the seller. If there are 2 agents, they usually split the commission that the seller agreed to pay.
That's what I thought...just wanted to be sure...thanks
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| Posted 10/30/07 7:31 PM |
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Mrs-D-Girl
Love my fur baby
Member since 8/07 5183 total posts
Name:
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Re: How does the real estate agent get their commission?
You pay nothing!!!! The Seller pays them for finding you
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| Posted 10/31/07 9:09 AM |
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PotofLuck06
Our Baby Boy Is Here!!!
Member since 11/06 13241 total posts
Name:
Betsy
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Re: How does the real estate agent get their commission?
No, you don't pay the REA, the seller does.
Unless you signed a contract with the REA you used that stated you would pay a portion of the costs.
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| Posted 10/31/07 9:48 AM |
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