Monday, December 10, 2012

Does the buyer or the seller pay the buyer's real ... - Zillow Real ...

If the seller is represented by an agent, the seller's agent is required to pay compensation to the cooperating agent under the terms of the listing agreement.? Commissions are paid to the listing agent, not the buyers agent, and the listing agent pays the compensation to the buyers agent.? All compensation will be disclosed on the settlement statement (HUD-1).

If the seller is not represented, the buyers agent will generally?negotiate?compensation prior to showing the property, therefore the seller would be responsible.

If the seller is unwilling to pay compensation and is not represented,?your agent will likely look to you for compensation.

Hope this helps.?

Source: http://www.zillow.com/advice-thread/Does-the-buyer-or-the-seller-pay-the-buyer's-real-estate-agent/470889/

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