| A common question I receive or hear from buyers, is | | | | advertise their services to potential sellers and does |
| who pays the commission? An understandable | | | | not affect buyers. |
| question when you acknowledge the fact that some | | | | It is a pretty smart idea when you think about it, |
| for sale signs read pay your realtor 1.75% or 1.75% | | | | because a buyers first response will be to call on the |
| commission and you start to wonder. | | | | sign. Automatically leading to an up-call to the on-call |
| Well, wonder no more; buyers don not pay a | | | | or duty agent. |
| commission and I further explain. The brokers fee | | | | Let me also say one thing. If you are a seller, ask |
| (i.e., commission) that is paid to the selling and buying | | | | questions. Some brokers who offer a discounted |
| broker is a pre-arranged amount (usually a | | | | commission or flat fee, may not offer the full |
| percentage of the sales price) that the seller has | | | | benefits as another broker. Each one is different, so |
| agreed to pay at settlement for their services via | | | | you will need to see how they compare. This is not |
| the terms listed in the sellers listing agreement. The | | | | an easy task, but I think it is an important question |
| for sale signs that you see in front yards or in the | | | | to also ask. Another equally as important question to |
| yellow pages are alternative ways for brokers | | | | ask, is how they intend to market the property? |