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Originally Posted by Plinker

I’m not sure we are on the same page. I understand what the duty is of a sellers agent but this has nothing to do with the splitting of the commission. If a seller agrees to pay their broker a 6% commission, then that commission is split. At closing, the sellers agent will pay around half of their 6% commission to the buyers agent. Thus, the seller paid both the selling and buying agent fees. If the agent for the seller also brings a buyer then they get the entire 6%. This is known as double dipping. You mention that you paid the commission, as is customary. If a buyer has a realtor who shows and sells them a home then this is when the split occurs. May I ask what commission rate you paid? If it’s 5 to 6%, then you paid both agents. This is why the FTC got involved.

I would in no way shape or form agree to a 6% sales contract now that the new law is coming into effect. You can list any home on the MLS yourself for $99. Zillow is a great platform to advertise on.