Home Buying in San Diego>Question Details

Frank Bianco, Home Buyer in San Diego County, CA

who pays realtor fees?

Asked by Frank Bianco, San Diego County, CA Wed Sep 10, 2008

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12
Frank,
You have gotten useful answers so far. Here is some information that expands and explains in more detail what you have been told.
http://www.chicagotitlesd.com/march07/BuyersGuide.pdf BUYER'S GUIDE

http://www.chicagotitlesd.com/october05/SP1158WhoPaysForWhat.pdf WHO PAYS FOR WHAT

http://www.hud.gov/buying/index.cfm HOUSING & URBAN DEVELOPMENT (HUD) BUYING GUIDE
1 vote Thank Flag Link Wed Sep 10, 2008
Usually the buyer pays the realtor fees. It also depends if the seller wants to pay for some of the buyer's costs.
1 vote Thank Flag Link Wed Sep 10, 2008
The seller or bank if it's a foreclosure or short sale. Visit my web site if you're buying and selling in San Diego County.
0 votes Thank Flag Link Mon Sep 22, 2008
Hi Frank,
In San Diego, we usually see the seller paying the Realtor Fees (along with some other fees)
As with any thing,fees are ALWAYS negotiable.

In this case, real estate commissions are determined by the listing agent and the seller.
This rarely affects the buyer because it comes out of the sellers net.

When you see the stats of homes sold with a Realtor vs without a Realtor.
Good Realtors are well worth their fee.
Web Reference: http://www.rescg.com
0 votes Thank Flag Link Sat Sep 13, 2008
The seller ...but in thruth doesn't the buyer pay since he brings in the money on a product that would not transact without him?
see more info on these type of questions below
scroll down when after clicking link
http://www.HomebuyersHope.com
0 votes Thank Flag Link Thu Sep 11, 2008
Hi Frank,

In S. California the seller typically pays both the listing agent and buyer agent fee. The % is negotiated between the seller and the listing agent and is determined at the time the listing is taken.

Hope this helps,Filly
0 votes Thank Flag Link Thu Sep 11, 2008
If you are a selling your home then you the seller are responsible for the commissions given to the selling and buying agent. With that said, if you are the buyer then the seller pays your buyers agent. You the buyer pay nothing to utilize an agent. However, if you do not utilize an agent be aware you are leaving yourself vulnerable unless you understand real estate contracts.

My advice, if you are a buyer, use an agent...it does not cost you a dime, so why not?
0 votes Thank Flag Link Wed Sep 10, 2008
Who pays for the house? The buyer! So in most cases it is the buyer that pays these fees.
0 votes Thank Flag Link Wed Sep 10, 2008
GREAT QUESTION: seller pays for listing and buyer agent fees. Seller can be but not limited to the following: builders, individual property owners, banks,
http://www.lynn911.com http://www.homes-for-sale-dallas.com
Web Reference: http://www.lynn911.com
0 votes Thank Flag Link Wed Sep 10, 2008
Usually the seller pays the Realtor fees. The exception is if you wish to hire a buyer's agent, who will probably also be paid by the seller, but if you choose, you may also agree to pay the buyer's agent a set amount or percentage in case the seller's commission is not what the buyer's agent will accept or the buyer's agent shows you "for sale by owner" properties also. Then the seller may or may not offer a commission to an agent. Usually even these sellers will pay though. In other words, with only a few exceptions, which you will have agreed to supplement, the seller will pay and you will enjoy the services of a Realtor to assist you.

We suggest that if you have not already chosen a Realtor, you consider a CRS agent. Fewer than 4% of Realtors nationwide have qualified to earn this prestigious designation that requires extensive education and also substantial experience and proven results with sales for sellers and buyers. You can find a CRS agent at CRS.com. Happy home hunting. What a great time to be a buyer!
0 votes Thank Flag Link Wed Sep 10, 2008
Under the typical listing agreement, the Seller will pay all Broker or agents' fees. Sometimes, a For Sale By Owner will refuse to pay any or all of the fees; in that case, a Buyer may need to pay some fees. I used to sell real estate in San Diego County and I can refer you to a great REALTOR if you wish. Just give me a call or email me if you want a referral. Good luck!
0 votes Thank Flag Link Wed Sep 10, 2008
Hi Frank,

In almost all cases the seller pays their agent and for you to have your own buyer's agent too. This is true for bank owned properties and for most home builders too. So, you get the benefit of your own representation without having to pay for it. Good question!

Diane Conaway, RE/MAX United, (760) 749-2888
0 votes Thank Flag Link Wed Sep 10, 2008
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