Wow.... I think we are missing a little bit of information to fully understand.
a) is your home listed with a Realtor and his/her real estate brokerage, and your home is listed on
the local multiple listing service?
b) if a) is your situation then the commission to the buyers agent is stipulated on the multiple listing
service listing that is it
c) If you are selling your property by owner, then you should have agreed with the buyers agent, ie.
the Realtor who brought you the buyer, a certain amount of commission, i.e. in writing % of
final sale price
Now what I do not understand it ADDITIONAL MONEY i.e. higher commission?
It seems to me that it is unethical at the very least for the buyers agent to threaten you the seller
to pay a higher commission or the deal will be cancelled, here is my question
DO YOU ACTUALLY HAVE A WRITTEN MUTUALLY AGREED UPON
SIGNED SALES CONTRACT, SIGNED BY BOTH PARTIES AND BOTH
PARTIES RECEIVED AN EXECUTED CONTRACT
OR HAVE YOU ONLY VERBALLY ACCEPTED THE OFFER, AND WAS A WRITTEN
COMMISSION AGREEMENT INCLUDED?
May be you want to get back to us with clear information about the actual status of the accepted
Edith YourRealtor4Life & Chicago and Northern Illinois Expert
Working always in the very BEST interest of her clients, Buyers, Sellers and Investors alike....
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