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Updated over 1 year ago on . Most recent reply

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Coral Watts
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Buyers Agent Commissions (Investors)

Coral Watts
Posted

Is it typical that the buyer pays the buyer's agent commission? I can see where it may make the offer more competitive. 

If so, what are you seeing for commission? I always thought 3% was standard but I'm seeing $3500 on a $40,000 purchase. Is that normal? 

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Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
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Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
ModeratorReplied

Most agents will have a minimum dollar commission that they accept. $40,000 at 3% would equate to $1200. After fixed costs, most agents would actually lose money servicing properties at that dollar amount. Thus why you are running into a higher commission. 

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