Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Texas Real Estate Q&A Discussion Forum
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago, 05/16/2019

User Stats

8
Posts
1
Votes
Laura Luloh
1
Votes |
8
Posts

Buyer’s Agent Compensation if Seller doesn’t pay?

Laura Luloh
Posted

We have purchased many homes through the years but now we are focusing on purchasing an investment property. In regards to the house we are making an offer on...The same broker that is selling the home is who we are using to purchase the home. There are reasons behind this. My question is, we received the documents to sign, a portion is pasted below about commission. I understand it to say if the broker can’t get paid the 3% buyer’s agent fee from the seller, then we are responsible for it. (I may be wrong but that’s what I read it to say). The agent (who is new) said the seller has signed and agreement they are paying. I asked her to remove this portion then that we would pay if they failed to. She said this is a promulgated form and it can’t be removed.  While I realize chances are that the seller will pay the fees, I don’t want to sign something that says I’ll pay $6000 if they don’t. Thoughts??? TIA

Loading replies...