Whether you are buying a home or selling one, a common question that you might have is who will be paying your realtor. The answer will depend if you are the seller or the buyer.
In most situations, if you are selling a home, you will be responsible for paying both the buyer and seller’s real estate agent. The commission is agreed upon when you sign your listing paperwork, allowing your real estate agent to represent you. The commission fee percentage is split between the buyer’s real estate agent as well as your own.
If you are the buyer, in most cases you will not have to pay your real estate agent. Your realtor only gets paid upon a successful sale and the commission is paid by the seller.
While all commissions are negotiable, beware that you will get what you pay for in terms of a quality real estate agent. Flat fee agents do exist but you will be sacrificing your time and may even net less overall versus going with a full service agent who is qualified to obtain top dollar for your property at a high service level.
The sellers I represent consistently obtain record breaking sales for their respective neighborhoods. If you are looking for a real estate agent who is willing to work on your behalf without sacrificing quality, please contact me today.