Home Buying in Brooklyn>Question Details

Amy Sherman, Home Buyer in Brooklyn, NY

Who pays buyer's agent commission for new construction?

Asked by Amy Sherman, Brooklyn, NY Thu Mar 28, 2013

Help the community by answering this question:


Hello Amy

The Developer has their own internal Sales Force and are contracted to pay a commission (let's say 6%) for the sale of any of their units. The Sales Force will then entice a Buyer's Agent to bring Clients to the table and split the commission (3%/3%). However, they may even sweeten the pot and provide a higher commission (4%) for a Buyer's Agent to entice us to really sell their product.

Rarely, if ever, will a Developer NOT pay the Buyer's Agent commission.

Please do not hesitate to contact me as I work almost exclusively as a Buyer's Agent if you're still interviewing Agents for your home search.

John Jourden
REBNY Member
Licensed RE Salesperson
The Spire Group
0 votes Thank Flag Link Fri Mar 29, 2013
Could be developer or buyer, or both.

Dmitriy Pagul REALTOR®
Golden Apple Realty Inc
Golden Real Estate Staging & Services
Brooklyn, NY 11235
0 votes Thank Flag Link Fri Mar 29, 2013
Hello Amy,

Usually the developer.

Luke Constantino
Keller Williams
(212) 300-3919
0 votes Thank Flag Link Thu Mar 28, 2013
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