Quote:
Originally Posted by pdp07
This is not true, buyers can have an agent.
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Can anyone state that they actually paid an agent to represent them as a buyer of a house, and paid the agent a commission over and above the 5 or 6 percent broker's commission stated in the listing agreement at the closing? How much commission did you pay? In my experience, the broker commission is listed on the seller's side of the settlement statement and is paid by the seller. Is there any real estate company who offers to represent the buyer and agrees to collect no money from the listing broker commission at closing? As I understand Florida law, a licensed agent cannot represent both the buyer and the seller during the selling phase, but they can serve as a "transaction" agent during the closing phase.