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  1. #1
    RE101 is offline Renter
    Join Date
    Mar 2010
    Posts
    13

    Default Buyer Indirectly Pays for Commission, Correct?

    I know people always say that the seller pays for the commission, not the buyer. But it actually the buyer pays for it, indirectly through the purchasing of the house. A percentage of the purchase price or home price goes to the seller's agent, so technically it's the buyer pays for it, correct? Please confirm!

    Thanks!

  2. #2
    Bones is offline Condominium
    Join Date
    Dec 2009
    Location
    Holland Michigan
    Posts
    309

    Default

    The buyer brings the funds to close a real estate transaction either in cash or through a mortgage and the real estate agent(s) is\are paid from that money. The commission comes from the seller's proceeds on the transaction.

  3. #3
    markbrian's Avatar
    markbrian is offline Home Owner
    Join Date
    Aug 2008
    Location
    Anderson
    Posts
    595
    Blog Entries
    369

    Default

    You could even say that the buyer indirectly pays off the seller's mortgage! Why worry about what the seller does with the money? Instead I suggest that you worry about finding the best property for you at the best price & terms!
    Mark Brian Silver Star Real Estate
    Upstate South Carolina Real Estate

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