Thursday, October 25, 2012

Does the Realtor charge a commission to the buyer? - Zillow Real ...

"The seller agrees to pay the agents involved a commission before a buyer ever submits an offer"

I'd just add...agrees to pay a Commission IF the property is sold
(After they get your Money..the Commission is an Expense so it is added to the Sales Price by Seller, it's a Business expense so like any business you add it to the Price so you don't eat it/pay it out of your pocket it if at all possible)

My opinion..Negotiate a lower Price if not using an Agent (3%) or find/use an Agent who gives a Rebate...

California..
1. Allows brokers to offer rebates to consumers
2. Allows choice of brokerage services
What are the laws in your state?...DOJ Anti-Trust Web Site

Your concern as a Consumer is what works best for you in Services and Financially...not what works best for Agents
Agents are Selling Services...You are Hiring Services

To be blunt...IMO if you are a Buyer and you think you are not paying for the Commission (It's Free to you) then you are a fool...
Do not inhale the Smoke ;)

Source: http://www.zillow.com/advice-thread/Does-the-Realtor-charge-a-commission-to-the-buyer/465547/

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