Posts Tagged ‘buyers agent’

Who Pays Agent Commissions?

Posted on: May 11th, 2012 No Comments

Being a real estate agent is not an easy job. Agents will handle many tasks, including:

Real estate agents don’t work for free. When an agent agrees to help someone sell their home, they will negotiate a commission for their services. This commission is usually split 50/50 with an agent who brings a buyer (buyers agent). As such, a buyer is not responsible for paying any commission. This arrangement represents the vast majority of agent-assisted sales.

There are situations, however, when a buyer may be responsible for paying a commission. When a buyer is interested in purchasing a For Sale By Owner (FSBO), the agent will help them negotiate the sale. Most times, the seller is happy to pay a commission to the buyers agent for their assistance and access to their buyers. There are instances where a FSBO owner will not pay a commission (not enough money or not enough motivation to sell). In these rare cases, the buyer would need to pay a commission to the agent for their assistance.

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