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Real Estate Tips
Agency >Who Pays the Commission

Does it cost the homebuyer more to be represented by a buyer's agent who serves their interests exclusively? No, because the listing agent splits the sales commission, which is customarily paid by the seller of the home, with the buyer's agent. The sales commission split is usually 50-50, but the listing agent and buyer's agent will sometimes make another agreement and split the commission unequally.

There is one very unusual circumstance in which the homebuyer might pay a commission to their buyer's agent. The real estate agent might show the buyer a local "for sale by owner" (FSBO) home which the client decides to purchase. In most cases, the FSBO seller who is presented with a qualified buyer is glad to pay the buyer's agent a reduced fee of about 3 percent, or half of a normal sales commission. But the FSBO seller could stubbornly refuse to pay the buyer's agent any commission whatsoever. In that case, the buyer's agent would legitimately expect the buyer to pay the sales commission, in fair exchange for the agent finding the FSBO home and negotiating a successful transaction.

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Real Estate Trivia
Q 
What is considered one of the slimmest buildings ever designed?

A 
The Carnegie Hall Tower, designed by Cesar Pelli, is only 50 feet wide and 60 stories high.
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Demetria's Team, REALTORŪ, real estate agents and broker for Portland, Falmouth and Gorham Maine home listings, property and land for sale - NUMBER1EXPERT(tm)

Demetria's Team
Demetria's Team--The Real Estate Group

347 Main Street
Gorham, Maine 04038
207-780-8800
800-864-5122
207-839-5122
Fax: 207-839-2890
Email: demetria@godemetria.com

Demetria Chadbourne is the Award-Winning Agent that can help you with all of your Real Estate Needs! After 13 years as the Top ERA Agent in the state of Maine she opened the doors of her own Real Estate firm in January 2003! (She was also in the Top 5 of ERA agents in the U.S!) Demetria has a Team of licensed real estate agents who will work to help you not only find the home that fits your needs and desires, but to provide you professional, honest, and ethical assistance.

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