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Updated about 4 years ago on . Most recent reply

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10
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Matt M.
  • New to Real Estate
  • Houston, TX
0
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10
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Brokers fees on Multi-Family - who pays?

Matt M.
  • New to Real Estate
  • Houston, TX
Posted

Newbie here so apologies if this is too basic. I am looking at a small multi-family property and the numbers forwarded to me have the buyer (potentially me!) paying my broker's fee. I am in Texas and at least in single-family, the seller pays all broker fees.

What is the norm in multi-family? Does seller usually pay all or is it very common to split broker fees, e.g. seller pays his broker, buyer pays his broker? Can those be rolled into closing costs/mortgage?

Would welcome your feedback and experiences.

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