While the buyer is now responsible for their agent's fee, the money often still comes from the transaction itself. Here are the three most common ways this is handled:
Technically, are now responsible for negotiating and paying their own agents’ fees. Sellers negotiate a fee with their listing agent.
If a seller refuses to pay, the buyer must pay their agent directly at closing. This is added to their "cash-to-close" alongside the down payment.
While the buyer is now responsible for their agent's fee, the money often still comes from the transaction itself. Here are the three most common ways this is handled:
Technically, are now responsible for negotiating and paying their own agents’ fees. Sellers negotiate a fee with their listing agent.
If a seller refuses to pay, the buyer must pay their agent directly at closing. This is added to their "cash-to-close" alongside the down payment.