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Who pays a buyers agent?

By
Real Estate Agent with RE/MAX Real Estate Centre Inc

This is a much debated question among real estate professionals. The import of the question has to do with common sense perceptions and common law conventions that "he who pays the piper calls the tune". Buyer agents take the position that the commission fee comes from "the proceeds of the transaction". Sure the seller pays his agent and the buyer doesn't but all the money actually comes from the buyer. If the buyer didn't pay there would be no transaction.

But in the most basis terms — no matter how payment is set up, the buyer walks away with the house and the seller walks away with 95% of the agreed upon purchase price.

So you decide.