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Updated about 1 year ago,
Commission Fee paid by buyers
Do I pay any commission as a buyer? I am currently working with an agent, he is charging me $3,500 less commission paid by sellers. If I buy a property at $40K selling price, I'll end up paying him almost $2,500 commission fee. Does this happen often to investors who is buying low valued properties?
I am new to the real estate industry. Please advise!
Thanks.