It would be fair to assume that the agent found you a buyer, wrote and executed an agreement, will expedite all related paperwork, field the question of both the buyer and seller, be sure all necessary parties are involved/or kept informed, assume risk and responsibility for the entire transaction, and guide each party to the closing.......
It's often overlooked by the seller of the property that under these circumstances the single agent that is involved in this transactio will end up "doing the work of two agents." We would hope that individuals considering a "fair" fee for professional services would take this into consideration.
In these cases a minimum of 3-4 percent of the sale price would be fair.
Considering the work that the buyer's agent will have to do, you should offer them at least 3% of the purchase price. Unless you are well versed on real estate contracts and all aspects of the sale, it is worth the money. Having a licensed realtor involved with help you and the buyer.
I hope it goes smoothly.
Unwavering Commitment to Service, Unsurpassed Results
If you are selling it yourself, you are not using an Agent!
If you mean, an Agent approached you with a Buyer.....
We do not want to get into the middle of that!
That is totally negotiable between you and the Agent.
Good luck and may God bless