Royal Grand Realty, LLC
I believe what you are asking is, if you walk into an open house without an agent and make an offer, does the seller still pay both "halves" of the commission? The simple answer is yes. Even if there is no buyer's agent involved, the seller must pay the full commission to the listing agent.
It is possible, but unlikely, that the listing agent could have negotiated an agreement wherein if they represent both parties, they would take a reduced commission. Most agents would not agree to this. There is a lot of work involved in listing, marketing and closing a home, and it grows proportionately when there is no buyer's agent involved. Hence, the "dual commission" is well earned.
Often unrepresented buyers feel the buyer's side of the commission is "room to negotiate," with the seller, but you shouldn't count on it. Statistics show you are most likely to get your best deal when an agent represents you in the negotiations -- and since the seller pays their fee, it's "free" to you. Take full advantage of it.
Good luck from a great negotiator.
Agent for a New Age
In Connecticut, whether or not you, as the buyer, pay any fees depends on the Buyer Representation Agreement negotiated between you and your agent.
Most Agreements will state a minimum amount of compensation the buyers' agent will accept. As long as that minimum is met by what the sellers are offering to the buyers' agent, then there will be no fees to you. However, if the brokerage representing you charges administration or other junk fees, then you may be responsible for those fees (unless you've negotiated that your agent pays them for you).
It all depends on what is in your Agreement with your Buyers' Agent.
If you meet an agent at an open house, they are representing the seller. You can hire them, via a Buyer Representation Agreement, to represent you, too. In such a case, you and the sellers would also have to sign Dual Agency agreements, since the same firm will be representing both of you.
It is always recommended that you choose and hire your own agent to represent you. No need to go to random open houses, but, rather, have an agent working for you and helping you select which homes to view at your convenience.
The fee for professional services is normally paid for by the seller. The percentage agreed to by the owner is normally split between the listing agent and the selling agent.
In this sinerio, the listing agent and selling agent are one and the same, resulting in the professional fees not needing to be split.
Hope that helps!
Just Jersey Properties
Technically, the full commission negotiated will be paid to the listing agent even if no other agent is involved, therefore it is in your best interest to have a buyers agent, who will represent your interests. It is possible, but completely up to the listing agent, whether they reduce the commission if there is no buyers agent.
I hope this helps.
ERA United Realty