I recently posed some questions regarding the age old difference of opinion as to who pays the commission - the Buyer or the Seller.
For your easy reference, here are links to the questions:
3. Who REALLY pays the commission?
It became apparent by responses to the second question (above) that the real answer is - the Seller always pays the commission.
For those that claim the Buyer pays, while there may be no commission due unless a Buyer purchases and therefore the Seller sells, if there isn't enough money from the proceeds of the sale to cover all costs of closing, including commissions, then it's the Seller that's expected to come up with the $$ to cover commission from another source completely unrelated to the transaction.
That includes the Listing Broker portion AND the co-broke offered in the MLS to the Buyer Broker.
So how can one claim the Buyer ever pays the commission.
The Seller always does.
If the proceeds are sufficient to cover that expense, terrific!
Otherwise they either write a check or do a Short Sale (where their lender pays the commission).
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