RealEstate Investing:Who PAYs the Realtor?

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Sacramento, CA

Sacramento Home Buyers ask:

 ”Who PAYs for me to have an agent?  Should I just call the person on the sign?”

Sure, if you want to pay more money for the house for sale. But, if you want someone who works on YOUR behalf, than get yourself a Realtor who you feel comfortable working with.

The Listing Agent works for the Seller.  The job of the Listing Agent is to bring as much money as possible to the Seller. 

The job of the Selling Agent is to represent the home buyer and work to make sure the home buyer does NOT over pay for a house or condo.

Now, to answer the question…Who Pays the Agent?

The Seller pays both agents, the Listing Agent and the Selling Agent.

There are exceptions especially outside of California where FSBOs (for sale by owner) are present.  The few that there have been over the years usually pay the Selling Agent since the seller wants to sell their house but there are cases where the buyer would have to pay for their own representation.

These are so few and far between in the State of California due to our letigious state.

To recap:

1. If you are a home buyer, do you call the agent on the sign?

   answer:   No, the Listing Agent works for the Seller, not you.

Be sure to read my last article about 4 Bedroom Homes For Sale in Elk Grove CA.  How would you like to be represented by that Listing Agent as an Elk Grove home buyer?