Villani Real Estate

Equal Housing
 

Villani Real Estate

Who Pays The Commission?

  • The Seller Does
    The Seller has generally signed a listing agreement with his agent specifying a certain fee to be paid, and many times it has provisions for splitting that fee with the agent who sells the property, regardless of subagency or buyer agency.
  • The Buyer Does
    The Buyer can pay his agent a commission as set out in their written agreement. If this is the case, it would be inappropriate for the buyer’s agent to accept any portion of the fee paid by the seller.
  • Indirectly, The Buyer Does
    Even though the seller pays the commission out of his proceeds, it has been argued that the buyer paid the commission as part of the overall purchase price. This assumes the buyer could have bought the home for less had it not been listed. This is rarely the case!
  • Each Party Pays Their Agent
    Each party pays their agent as specified in their written agreement.

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