I am looking to buy property in Florida and spoke to a buyer broker who in fact is the agent for the same property I am interested in.
He sent me a Bure Broker agreement to sign which he asks for a non refundable and does not go to the closing of 295.00 and then proceeds to say that he wants a 3% commission at closing is this typical.
2006-12-11 06:54:07 · 4 answers · asked by Donald C M 1 in Business & Finance ➔ Renting & Real Estate
I don't practise in FLA but would not use the same Agent as the seller. Where I practise we do not get a fee from the buyer at all just settle for the commission split from the aselling agent. Sounds like this person is getting paid twice. Sign with another agent is my advice.
2006-12-11 07:56:10 · answer #1 · answered by Anonymous · 1⤊ 0⤋
Yes. Usually 3% goes to the seller's agent and 3 % goes to the buyers agent. Some Realtors will ask for a deposit with your broker's agreement....they are offering you their time, which costs money.
2006-12-11 15:28:20 · answer #2 · answered by greekgirl 2 · 0⤊ 0⤋
i would find a different agent. his primary obligations are to the seller not you. find a buyers agent to represent you exclusively. in Texas, our buyers do NOT typically pay the buyers agent. comission comes from the sellers of the property..
2006-12-11 15:57:19 · answer #3 · answered by daniel r 4 · 0⤊ 0⤋
Find a diferent buyers agent
2006-12-11 15:57:33 · answer #4 · answered by teran_realtor 7 · 0⤊ 0⤋