All Forum Posts by: Jay Knowles

Don't pay it...I recommend letting the agent know that you've enjoyed working with him/her but that the fee is a deal breaker for you.  And, be prepared to walk away.  Don't be surprised if the fee disappears.  

Most firms in my market charge a transaction fee against the buyer agent's commission. It generally is $400 or under. It's a garbage fee and some agents pass that on to their client at closing.  There are also auctions and "special sale" properties that have a "Buyer's Premium Fee."  As an investor, I'm not paying fees - I just want to buy the property.

You can always find another competent investor-focused realtor - who will be happy to have an opportunity to be paid by the seller.  Just say no...