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Updated over 1 year ago on . Most recent reply

Pradeep Velugubantla's profile image
Pradeep Velugubantla's profile image
Pradeep Velugubantla
  • Member since Jan 17, 2024
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Pradeep Velugubantla's profile image
Pradeep Velugubantla's profile image
Pradeep Velugubantla
  • Member since Jan 17, 2024
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Pradeep Velugubantla
8
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Starting Out

Brokerage fee for the buyer

Pradeep Velugubantla
Posted

Hi there,

I was shopping for an agent for rental property investment.

When I asked about fees, he said the buyer must pay $375 for the brokerage fee at the closing table.  This is in addition to the 3% fee paid by the seller.

Is it normal for the buyer to pay the brokerage fee?

Thanks in advance!

Pradeep

Philadelphia, Pennsylvania
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