Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Real Estate Agent
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 1 year ago,

User Stats

415
Posts
187
Votes
Mike Schorah
  • Rental Property Investor
187
Votes |
415
Posts

Does a real estate agent get paid if no contract was signed?

Mike Schorah
  • Rental Property Investor
Posted

Hypothetical 

A real estate agent contacts a potential seller (Lead A) for business. Lead A states that she’d like to see if the real estate agent can find her a buyer. If not, then Lead A states that she’d like to put the property on the market.

The stars align and the real estate agent contacts another potential seller (Lead B) who is interested in finding a property first in this tough market. Lead B states that if the real estate agent can find a property matching his criteria, he will use the real estate agent as both a buyer’s agent and a listing agent.

Lead A’s home matches Lead B’s specification in what Lead B wants in a property.

How does the real estate agent get paid in this scenario? Does the real estate agent need to have paperwork signed as a buyer’s agent to get paid or can the real estate agent just match the buyer and seller somehow and get paid? If the real estate agent doesn’t want to sign a buyer’s agency agreement, can the real estate agent still get paid for matching the buyer and seller without a listing agreement with the seller?

For instance, in Pennsylvania

Loading replies...