I can't tell you not to pay. I'm not familiar with the laws of Philadelphia, but if you are living in the home and benefitting from the space, I would at minimum set money aside for the rent you may owe. If you spend the money elsewhere and find out you owe it, you could be in big trouble.
Is there a Tenants Union in Philly? Maybe a city, county or state office which can give you the information you need? Pursue this avenue rather than here, so you stay on the right side of things.... more
I am looking for a place now but I know they gong to close this building down my rent is do next month even doe my landlord is waiting on a answer to see whats going to happen do I still pay him rent most likey they told him that he has to turn it back into a house .he just waiting on the decision so what do I do... more
It is upto the buyer to decide if you wish to use an attorney. I suggest you use an attorney as you might feel more comfortable using one. In some states it is more common that in other states and some have a mandatory attorney review period.... more
For Sale By Owners represent themselves. If you hired your buyer agent by signing a Buyer Broker Agreement, then your agent represents you. If you did not sign a Buyer Broker Agreement, then the agent doesn't even represent you. That's number one.
If you did sign the Buyer Broker Agreement, then your agent is working to protect only your best interests and if they got the price down $15k, that is a great thing. The fee he/she wants to charge should be going to the FSBO and not you. If the FSBO does not want to pay your Realtor then someone has to and that would be you. You don't expect the Realtor to work for free do you?
Had you signed the Buyer Broker Agreement, you would have seen how the Realtor is paid should you decide to buy from a FSBO.
So, yes, is it fair that Realtors be paid for doing their job. Don't you like to be paid when you go to work every day?
The fee is usually a percent of the sale price.
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