Great Lakes 4x4. The largest offroad forum in the Midwest - View Single Post - Mortgage question
View Single Post
Old April 12th, 2013, 10:47 PM   #10
Senior Member
BATLWGN's Avatar
Join Date: 11-05-05
Location: Otsego, MI
Posts: 1,107
iTrader: (1)
Mentioned: 0 Post(s)

Originally Posted by amc78cj7 View Post

BTW, in almost all cases the seller and buyer realtors split the commission paid for by THE SELLER, not the buyer. There is almost no reason not to have a realtor as a buyer.
This is how I understand it as well. The seller has agreed to the average 6-7% of sell price for realtor fees by listing the property with a realty company. If it just involves the listing agent (seller's agent), then the whole amount goes to them. If the buyer has their own agent (buyer's agent), then the 6-7% is split between the two realtors. So I agree that there would be no reason as a buyer to have a realtor. And I just signed the closing papers on Thursday.
Can I haz signature?
BATLWGN is offline   Reply With Quote
Page generated in 0.19939 seconds with 21 queries