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Updated about 1 year ago on . Most recent reply

Richard Ferraro's profile image
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Richard Ferraro
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Richard Ferraro's profile image
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Richard Ferraro
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Richard Ferraro
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Buying & Selling Real Estate

Do I Need to Save Additional 2-3% for Buyers Agent?

Richard Ferraro
Posted

Hey all,

Confused as to the current state of buying/selling after the NAR decision. Do I as a buyer need to pay my agent a negotiated 2-3% of the home purchase price? I do not see that home prices have dropped 2-3% and this is a lot of added savings in additional to a downpayment if so.

Appreciate thoughts!

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Russell Brazil
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Russell Brazil
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Russell Brazil
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No. It will be included in the purchase price 95% of the time.

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