do realtors receive commision if their company provides a buy out option?

R Millburn
Home Buyer

Answers (2)
Vicky Chrisner
Agent
20176

What the actual sales agent gets paid is based on an agreement with the brokerage. What you owe to the brokerage is based on your contract/listing agreement with them. What does your listing agreement/contract say? I am positive it addresses commission.

Sat Aug 2 2008, 19:42
Keith Sorem
Agent
Glendale, CA
FIRST ANSWER

R
You are probably referring to an ad that says if I cannot sell your home, I'll buy it?

You are hiring a Realtor to sell your home. So if you pre=agrree on a price that if it does not sell, they'll buy it, they are still conducting a transaction. So in most cases you will pay a commission. This is a business, not a charity. We would still have to do the work. BTW this does not occur very often.,

Fri Aug 1 2008, 19:27

Didn’t find what you were looking for? Ask a question!

Search Advice & Opinions

Ask a question

Got a real estate question? Get answers from locals, experts and real estate pros.
Ask
Email me when…

Learn more

View all » 1 - 3 of 13
Copyright © 2009 Trulia, Inc. All rights reserved.   |   Fair Housing and Equal Opportunity
Help us improve our service—send us feedback