Talk of The Villages Florida - View Single Post - Nat Assoc of Realtors found guilty of commission collusion
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Old 11-02-2023, 12:03 AM
margaretmattson margaretmattson is online now
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Quote:
Originally Posted by OrangeBlossomBaby View Post
That's because the only time the commission is paid, is AFTER the sale has closed. At that point, the buyer ceases to be the buyer and becomes the homeowner. And the commission was built into the price he paid for the home. It's in the contract. The sales price INCLUDES the commission.
A buyer DOES NOT HAVE A CONTRACT The commission is something the seller agreed to pay from the sales when signing a contract with an agent. It is the seller's expense.

The buyer throughout the entire process has no idea what commission was paid and to whom. They are never a part of that. It is possible there is a clause in the seller's contract that states zero commission paid if home does not sell at agreed upon price.

Last edited by margaretmattson; 11-02-2023 at 02:16 AM.