My parents are in the process of selling their house in CA and its the seller

Sign up, and you'll be able to ignore users whose posts you don't want to see. Sign up

Report problem with this ad

Sep 17, 2024
2:30:50pm

creameryon9th All-American

My parents are in the process of selling their house in CA and its the seller

who pays the commissions of both agents. They settled on 2 or 2.5% for each.

Report problem with this ad

creameryon9th

Bio page: creameryon9th
Joined: Jul 28, 2015
Last login: Sep 19, 2024
Total posts: 8,073 (639 FO)

Report problem with this ad

Messages

Author

Time

Question about paying buyer's realtor commission

volleyjiver

Sep 17, 2:25pm

My parents are in the process of selling their house in CA and its the seller

Sep 17, 2:30pm

it can be negotiated as part of the offer. I'm trying to buy right now, and

303coug

Sep 17, 2:35pm

This is the correct answer.

cougar95

Sep 17, 2:38pm

Yep. You just have to take into consideration with offer as negotiated.

Soupie

Sep 17, 2:41pm

My uneducated opinion is that nothing has really changed since the settlement.

crack

Sep 17, 2:50pm

100% correct. Nothing really changed other than there is no buying agent commission advertised. Buyers agent would need

RoaroftheCougartails

Sep 17, 3:03pm

Yes, I didn't fully understand what my Realtor was saying, but I just spoke to

volleyjiver

Sep 17, 3:15pm

Then you'll probably get more "Steering" if Sellers start doing that

DataMouth

Sep 17, 3:16pm

Oh for sure. You always want to entice agents to bring buyers.

RoaroftheCougartails

Sep 17, 3:22pm

Everything is negotiable. Also, consider not using an agent on your next offer.

Cougarbib

Sep 17, 2:59pm

It's for an investment property out of state, in which the realtor will be the

volleyjiver

Sep 17, 3:12pm

Nothing is really changed. The cost of the fees is still the same

DataMouth

Sep 17, 3:13pm

Your agent should have had you sign a contract before any viewings

supersix

Sep 17, 8:13pm

No, I'm buying sight unseen. But with the purchase agreement he also included

volleyjiver

Sep 17, 8:50pm

That exactly what a buyer/broker agreement is yes. And the new rule is one must be signed before an agent can legally

RoaroftheCougartails

Sep 17, 10:05pm

They have always been required when an offer was made but now they are before any showings happen. I have always been

RoaroftheCougartails

Sep 17, 10:08pm

I don’t think it gives the buyer more power with the seller, it gives them

supersix

Sep 17, 10:20pm

Gotcha. I guess every agent is different. I, for one, will never have my buyers pay a commission. If I can't negotiate

RoaroftheCougartails

Sep 17, 10:28pm

Report problem with this ad

Posting on CougarBoard

In order to post, you will need to either sign up or log in.

Report problem with this ad