Entry by Glenn Freezman

Pretty Simple Math: No Home Buyer= No Pay for an agent

As a champion for home-buyers and alternative compensation agreements, I'm often challenged by Realtors and homebuyers alike regarding who ends up paying what at a typical real estate closing. The most common belief is that homebuyers don't pay the commission costs that go to the sellers and buyers agent - because that money ends up coming out of the seller’s pocket.

While I won't argue that that's what the mechanics of the deal look like, I will point out that every single cent involved in the transaction came out of the home buyer’s pocket first. Pretty simple math: no home buyer = no money to pay the agents.

The full post can be found at https://activerain.com/blogsview/2419022/pretty-simple-math-no-home-buyer-no-money-to-pay-the-agent and also on the Times Community.

This page contains a single entry by Glenn Freezman published on July 25, 2011 11:32 AM.

This may be relevant to consultants who contribute rebates to buyer closing costs? was the previous entry in this blog.

Don't Sell Me .... Help me is the next entry in this blog.

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