1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Real Estate buying question...

Discussion in 'Members' Lounge' started by get_nick, Feb 18, 2007.

  1. get_nick

    get_nick These snozzberries taste like snozzberries... VIP

    Messages:
    11,939
    Likes Received:
    1,059
    Joined:
    Apr 21, 2003
    Location:
    Washington State
    Does using a real estate agent make it more expensive to buy a house/condo/townhouse?
     
  2. AHHVTEC

    AHHVTEC Well-Known Member VIP

    Messages:
    13,122
    Likes Received:
    245
    Joined:
    Oct 13, 2006
    Location:
    Alabama
    no they get the profit off the seller not the buyer
     
  3. pissedoffsol

    pissedoffsol RETIRED

    Messages:
    49,693
    Likes Received:
    54
    Joined:
    Sep 28, 2002
    Location:
    Retirement Home
    yep, seller pays all comissions.
     
  4. Celerity

    Celerity Well-Known Member

    Messages:
    21,969
    Likes Received:
    146
    Joined:
    Sep 11, 2003
    What you'll see (More than likely... depends on your state to be exact) is that the Agent that you're using will take 2.5%. Varies per state though.

    If you're going to be charged, they have to be upfront with it. Some states do charge the buyer.
     
  5. Bob Vila

    Bob Vila ɐןıʌ qoq Admin VIP

    Messages:
    4,670
    Likes Received:
    57
    Joined:
    Jul 4, 2003
    Location:
    Bristol, Ct.
    Not necessarily, normally commisions are through the seller, however, there are instances where the buyer will pay a "finders" fee to their realtor if they are using a buying realtor.
     
Verification:
Draft saved Draft deleted

Share This Page