How Do Buyer's Agents
Get Paid?
Navigating the home-buying process is about more than just finding a house—it’s about aligning with the right energy, discovering a space that feels like home, and being supported every step of the way. As your Buyer’s Agent, I bring intention, support, and expertise to your journey, ensuring that every decision is rooted in clarity and confidence.
Seller Offers Compensation
In this common scenario, the seller agrees to pay the full commission for both their agent and the buyer’s agent. This arrangement is often included in the property’s listing agreement.
Impact on Buyer
There are no additional costs for you as the buyer since the seller covers the commission for your agent. This ensures you receive full representation without any extra financial burden.
Seller Offers Partial Compensation
In this situation, the seller offers less than the standard commission to the buyer’s agent. This may occur in certain market conditions or specific listing agreements.
Impact on Buyer
You may need to cover the difference in commission. This can be negotiated with the seller or factored into your purchase agreement. It’s important to discuss this scenario with your agent to understand the potential financial implications.
Seller Offers No Compensation
Sometimes, a seller may not offer any commission to the buyer’s agent. This could happen in rare cases or with specific types of property sales.
Impact on Buyer
In this case, you would need to directly compensate your agent. This can be done through a flat fee, hourly rate, or a percentage of the purchase price, as agreed upon in your buyer representation agreement. It’s crucial to discuss and understand this arrangement with your agent upfront.
