Talk of The Villages Florida - View Single Post - Nat Assoc of Realtors found guilty of commission collusion
Thread: Nat Assoc of Realtors found guilty of commission collusion
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Old 11-02-2023, 05:08 AM
margaretmattson margaretmattson is offline
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Quote:
Originally Posted by Robnlaura View Post
Absolutely no clue
A buyer DOES NOT have a contract with an agent. Without a contract, an agent DOES NOT represent the buyer. He is merely giving advice. A buyer, at anytime, can choose to buy by dealing ONLY with the listing agent or use any agent he chooses to assist him in the deal. He is never tied to one agent.

A seller on the other hand has a contract with an agent. They negotiate a commission and the funds for paying the stated commission are TAKEN OUT OF THE SELLER'S PROFIT.

A buyer could care less if an agent gets paid. He is not legally bound to pay an agent.THE SELLER IS! Therefore, all real estate agents represent the seller.
Last edited by margaretmattson; 11-02-2023 at 05:13 AM.