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Updated over 4 years ago on . Most recent reply

Buyer Agent Commissions in FSBO SFH
I found a property that I am interested in purchasing that is FSBO. If a buyer agent is involved, what is the typical commission?
I am considering making the purchase through an attorney and negotiate a cost reduction that is slightly lower than the commission amount that would be paid to a buyer agent.
Any thoughts or negatives with the approach?
Most Popular Reply

I've heard some agents ask for 3%, and I've heard other agents ask for 6%
3% makes sense when you consider they are a buyer's representative, however, 6% also makes sense if you consider they will be the only agent handling the entire transaction.
As stated above, you need to establish who will be paying the agent's commission, if one is used, in writing prior to submitting any offers.