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Updated about 1 year ago on . Most recent reply
Can I make an assignment fee and buyer's agent commission on the same deal?
I am a licensed realtor. Let's say a property is listed on the MLS and offers a buyer's agent commission. I put the property under contract and represent myself. I then assign the contract to a cash buyer. From my understanding, when I assign the contract, I am only assigning the name on title, so the rest of the contract stays as is. As a result, I will still be the buyer's agent and end up being the buyer's agent for the cash buyer.
So, can I make my assignment fee and also take the buyer's agent commission? Let me know what you guys think.