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Do sellers always pay commission to agents?

Asked By Patricia O. | Narrowsburg, NY | 533 views | Working With An Agent | 3 years ago
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MICHAEL LYNCH

eXp Realty

(9)

In the case of fsbo, no. Commissions are always negotiable. It really comes down to protection, efficiency of the entire transaction. An agent protects you in all ways, legally and in negotiations. Most wouldn't go into court and represent themselves. Wouldn't go well. That's the same here. If you are a fsbo, you don't have to pay anyone a commission, but will it sell, and will it sell at top dollar? Will you get sued? If you are selling as an FSBO and you don't deal with buyer agents, then you are taking 1/2 of your potential buyers and offers. Could really effect the bottom line. I've given up .25, .5% and $1500 on my commissions to make it work on both sides. Take are and good luck!
Nancy Call

REMAX Fine Properties

(52)

Good Morning, 98 % of the time seller pays commission to the agents. On a rare occasion I have seen the buyer pay the commission to sweeten the offer. Any other questions let me know. Nancy Call

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