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The Jason Gorman Real Estate Team, REALTORŪ, real estate agents and broker for Woodbury, Minneapolis and Twin Cities Minnesota home listings, property and land for sale - NUMBER1EXPERT(tm)
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Real Estate Tips
Agency >Who Pays the Commission

Does it cost the homebuyer more to be represented by a buyer's agent who serves their interests exclusively? No, because the listing agent splits the sales commission, which is customarily paid by the seller of the home, with the buyer's agent. The sales commission split is usually 50-50, but the listing agent and buyer's agent will sometimes make another agreement and split the commission unequally.

There is one very unusual circumstance in which the homebuyer might pay a commission to their buyer's agent. The real estate agent might show the buyer a local "for sale by owner" (FSBO) home which the client decides to purchase. In most cases, the FSBO seller who is presented with a qualified buyer is glad to pay the buyer's agent a reduced fee of about 3 percent, or half of a normal sales commission. But the FSBO seller could stubbornly refuse to pay the buyer's agent any commission whatsoever. In that case, the buyer's agent would legitimately expect the buyer to pay the sales commission, in fair exchange for the agent finding the FSBO home and negotiating a successful transaction.

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Real Estate Trivia
Q 
What was the first land designated by the US government as a National Park?

A 
Yellowstone was established "as a public park or pleasuring ground for the benefit and enjoyment of people" in March 1872.
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The Jason Gorman Real Estate Team, REALTORŪ, real estate agents and broker for Woodbury, Minneapolis and Twin Cities Minnesota home listings, property and land for sale - NUMBER1EXPERT(tm)

The Jason Gorman Real Estate Team
Keller Williams Premier Realty

659 Bielenberg Dr
Woodbury,
MN, 55125
Phone: 651-735-7653
Fax: 651-379-5264
Email: Jason@JasonGorman.com

Accessible, Industrious, & Client Oriented! Buying Or Selling A Home Is One Of The Most Important Events In A Family's Life, And Our Goal Is To Make The Process As Enjoyable And Rewarding As Possible.

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Keller Williams Premier Realty real estate and homes for sale in Woodbury, Minneapolis and Twin Cities Minnesota

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