Quote:
Originally Posted by frayedends
I am not wrong. I don't think you understood what I was saying. The listing contract is between the seller and the listing agent, correct. But the listing agent posts the buyer's commision (co-broke) in MLS. The buyer's agent looks up a listing and knows right away what their portion of the commission will be. The buyer's agent portion is in the closing disclosure. Technically I guess you could argue that the seller/listing agent is getting all the commission and paying the buyer's agent. But again, semantics.
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See Post No. 22. This is not semantics at all. There is no buyer agent in the legal sense, and the only legally binding contract that exists is between the broker and the seller. The buyer has no legal recourse, and is never responsible to pay a commission.