Who Pays for the Buyer's Agent Commission?
Many home buyers I meet are confused about this question. Because the buyer agency explicitly states the buyer will owe the agent a commission
, buyers are concerned they will have to pay above and beyond the price of the home.
In most cases this is not true. The overwelming majority of buyer agency compensation is paid be the home seller, through the seller's real estate broker. But there are exceptions!
As a home buyer, you must learn the exceptions to be prepared in case you will have to pay, or make up a difference, on your buyer agent's commission. In the video below I quickly explain this. Please feel free to contact me