Leaving the Military

[onlydarksets]

Originally Posted by saden1

Here in Washington state they make the seller pay both agents (your agent and the buyer's agent). That's a bunch of BS if you ask me.

I'm pretty sure that's how it works in most places.

[Monkeydad]

Originally Posted by onlydarksets

I'm pretty sure that's how it works in most places.

Wow, not on my mortgage. That sounds like a horrible law.

My agent's fees were included in our closing costs, however, he was so awesome that he got the seller to pay all of the closing costs since we didn't have a lot to put down.

[onlydarksets]

Originally Posted by Buster

Wow, not on my mortgage. That sounds like a horrible law.

My agent's fees were included in our closing costs, however, he was so awesome that he got the seller to pay all of the closing costs since we didn't have a lot to put down.

I'm willing to bet that the seller paid the commission when you bought your house. Commissions are different than closing costs. Here's a summary of how it works in PA:
Allegheny County Family Law Attorneys :: Buying a Home in Pennsylvania FAQ :: Mt. Lebanon Divorce Law Firm

More general info:
Who Pays Real Estate Commissions - Who Pays the Real Estate Agent - How Does an Agent Get Paid

[FRPLG]

As far as I know it is common practice for the seller to pay the commision. It is usually 6% and the selling agent agrees to split it with the buying agent. I don't that the buying agent is ever entitled to anything. I'd be surprised if that isn't the way it is every where.

[That Guy]

yeah, its 3%/3% here and then the company (remax etc) take a chunk of that 3% - unles you pay a monthly desk fee, in which case you pay monthly whether you sell or not, but keep the full 3% from sales, which is obviously better if you're high volume.

[NAVYSKINSFAN]

Thanks for all the information. I am starting the required class soon and expect to be on my way in a few months. If anyone here needs a house in the tidewater area hit me up!