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Updated about 8 years ago on . Most recent reply
Who pays the Realtor?
Hi! My question is: Is the Seller or the Buyer responsible to pay the Buyer's Realtor's fee when the Seller and Buyer agreed to the purchase without a Realtor?
Here's the scenario...My current tenant wants to purchase the SFR he's currently living in and renting from me. He approached me, without a Realtor, and said he's interested in purchasing the SFR. I said okay. Yesterday, I received a written offer to purchase from a Realtor. The Realtor has written within the offer a 1.5% fee.
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Najla Sanders unless I'm missing something here, you, the seller is responsible for paying the commission to the agent. Why did your buyer contacted a RE agent?