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Updated over 8 years ago on . Most recent reply

What kind of commission is due?
A real estate agent I know was the listing agent for a building sold a year ago. I was neither the buyer nor seller. He called me for a different matter and I asked him for contact info of the current owner of that building. He called the current owner and came back with a confidentiality and non-circumvention agreement for me to sign. He's going to take a cut of this transaction which I guess will be priced into the sales price. Did I make a stupid move by essentially adding a middleman? Is it customary for him to take a lesser than normal commission since he hasn't done anything?
Most Popular Reply

You brought him in...you engaged his services ...why would you not want to pay him?