Post Due Diligence Contract Termination

[Travis Kremer]

Hey BP,

I am under contract and passed the due diligence period on a tri-plex located in South Carolina. After discussing my concerns around the current market conditions sorrounding COVID-19 with my agent, she mentioned if I were to cancel the agreement and terminate the contract that in addition to losing my earnest deposit, I would also be liable for buyer and seller broker commissions.  I reviewed the contract and could not find any specific language supporting her statement regarding the broker fees. Is a buyer liable for buyer/seller broker commissions when backing out of a deal after due diligence? Or is she just blowing smoke to save her commission?