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Updated almost 4 years ago,

User Stats

5
Posts
1
Votes
Breanne Lancaster
  • Rental Property Investor
  • Northwest Arkansas
1
Votes |
5
Posts

Who should be responsible for the Buyer's agent fee?

Breanne Lancaster
  • Rental Property Investor
  • Northwest Arkansas
Posted

I have been in contact with a local realtor in my area who has brought me a couple of deals off the MLS. We are trying to put an offer in on a duplex and in the wording on the contract it says, "the selling firm is authorized to accept partial or complete payment if selling firm's fee from the seller of listing firm." But then it also says the buyer is obligated to pay the selling firm's fee. We asked her to change the wording since we want the seller to pay this fee. She said she cannot change the wording. Is this normal or a red flag? I don't want to get stuck in a bad situation with an extra 3% fee.

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