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Real Estate
Reply to "Sellers, pls stop offering pay buyer's agent commission! "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]If they are offering to pay no need for you to sign a contract.[/quote] But how would this "buyer's" agent get paid if they don't have an actual contract with the buyer?[/quote] There will be no agent so the credit will go back to the sellers profit, no?[/quote] Not exactly- this is a negotiation between the buyer and seller. So if the buyer knows the seller was prepared to offer 3% to the buyer agent that they no longer have to pay, the buyer could ask for that 3% to be earmarked for other closing costs, a price reduction, etc. Or the buyer could also use the extra 3% to the seller as a way to improve the strength of their offer in a competitive market. [/quote]
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