Talk of The Villages Florida - View Single Post - Will new real estate law on August 17th dramatically lower realtor commissions?
Thread: Will new real estate law on August 17th dramatically lower realtor commissions?
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Old 08-05-2024, 06:06 PM
retiredguy123 retiredguy123 is offline
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Originally Posted by CoachKandSportsguy View Post
I agree with the selling agent.
Not sure how I will handle the buyer's agent fees, since here in MA lawyers do most of the buyer's work.. . . which is my I am reading my socials for specific news from reality is stranger than fiction. .
As I understand it, the buyer's and seller's agents don't get paid to do anything but to negotiate and execute a sales contract. Everything after that is the responsibility of the title company. They have lawyers on staff to make sure the title is clean and is transferred legally. When you sell a house as a FSBO, the title company will provide a FSBO package that has all of the forms needed to execute a sales contract, and they will take over from there.