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05-02-2010, 08:56 PM #1
Renter
- Join Date
- Mar 2010
- Posts
- 13
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!
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05-03-2010, 08:31 AM #2
Condominium
- Join Date
- Dec 2009
- Location
- Holland Michigan
- Posts
- 309
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.
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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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