Updated about 4 years ago on . Most recent reply
Contributing Agent Commissions towards Cash-to-Close
I'm a realtor in Austin and am representing a client purchasing their primary home. I'd like to contribute a portion of my commission to my buyer to lower their cash-to-close. The lender has a requirement that the buyer needs to bring 20% (of the sales price) cash to the closing table and the commission I'd like to give the buyer would put them below that threshold. Does anyone have a creative solution for this?