Unless you have some agreement or limitation with your Broker, the buyers agent/agency is entitlled to the commission. Should you choose to waive your commission to put the deal together, then that's fine, but your Broker is still entitled to their split that they have with you.
You need to bring this to your Brokers attention and get it straightened out.
Whoa, I misread the question... You already agreed to let them take your commission and now they are realizing that they shouldn't. Well good for them. It sounds like they are now trying to do the right thing and pay you like they should have agreed to do in the first place. Accept the money. it was yours rightfully all along. Don't let them change their minds again.
DRE # 01326917
Ferdig Real Estate Solutions
But in general, yes a licensed agent can buy a house for him/herself, and expect the buyer's co-op commission to be paid to their brokerage, and then have that commission split with them.
Talk to your managing broker.
One other factor to consider though is that my broker's E&O insurance does not cover us when we represent ourselves in a real estate transaction where we are the seller or the buyer. (We have to have someone else 'front' us for our own transactions). You might want to check with your broker, as others have said, but also ask about your e&o insurance is this scenario.
As long as there are no exclusions listed, I do not see why not.
If you think about it, even if you are representing yourself, its not like you are not doing the job of the agent. You still research comps, deal with mortgage professional, title etc.
a property. The seller, thinking, hey I don't have to pay commission as she's an agent already. He counters
taking out my commission and I counter back with a "no, I don't think so". He would have paid an agent the
selling side commission for bringing a buyer. The fact that I "happen" to be a real estate agent should not enter in to the equation, in my opinion, as I'm a Buyer. BUT, they should be looking at bottom line - not who's buying it.