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Updated about 4 years ago on . Most recent reply

User Stats

117
Posts
78
Votes
Kate Barry
  • Real Estate Agent
  • Vermont and New Hampshire
78
Votes |
117
Posts

Buyer agency fee/compensation wording for contracts

Kate Barry
  • Real Estate Agent
  • Vermont and New Hampshire
Posted

I know my worth as a buyer's agent.  I am worth a full 3% when I represent a client.  Sometimes the listing brokerage does not offer a full 3%.  In this case I do ask my buyer clients to bridge the gap in the difference.  So if the listing is offering 2.5% , the buyer will pay 0.5%

What is the best way to word this in a buyer agency contract?   

Most Popular Reply

User Stats

1,339
Posts
587
Votes
Minna Reid
  • Real Estate Broker
  • Jacksonville FL & Middletown CT
587
Votes |
1,339
Posts
Minna Reid
  • Real Estate Broker
  • Jacksonville FL & Middletown CT
Replied

@Steve Morris 95% really? LOL.... You must be joking. Unjust commission claims are EXTREMELY RARE. Any agent who is willing to work with a buyer without a contractual agreement is a complete fool. If you can't value your own work, why would a buyer? 

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