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Buying & Selling Real Estate

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Christian Weber
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66
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Do I pay the agent as a buyer?

Christian Weber
Posted Sep 26 2021, 12:39

Looking into investing out of state (im licensed myself)

Agent out of state I was speaking with told me I would have to sign a buyers agreement that states they must make a min of x amount on a deal and if not I make the difference up (plus office fee). Home are around the 75-100k

Is this normal as if anything I was going to ask for a referral fee but noticing how low the prices was I was going to not do that.

Just wondering if this is standard practice,  I personally dont use those contracts myself with my buyers as if the house doesnt pay enough I dont want my buyer to pay. I will make it up on the next transaction.

Thoughts please

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