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Real Estate
Reply to "misleading real estate agent ad"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]It sounds to me like he won't take the listing agent commissions, but that you will still have to pay the selling agent commission. [/quote] listing agent and selling agent are the same thing.[/quote] No, they're not. Listing agent = agent for the sellers. Selling agent = agent for the buyers.[/quote] PP here who originally brought this point up - if you were in real estate you would know this. The two sides split the 6% commission - the seller's rep is the listing agent and the person who brings the buyer is the selling agent. Typically the sellers agent who gets 3%, but the listing agent's fee can often be negotiated downward. In this case, he won't take a listing fee if you don't sell right away. But beware, he might list low to drive a quick contract. [/quote]
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