In most traditional real estate transactions in the United States, the buyer does not directly pay for the realtor commission. Instead, the seller typically pays the real estate commission, which is then split between the listing agent (representing the seller) and the buyer's agent (representing the buyer). This is the standard practice in the vast majority of residential real estate transactions.
However, there can be exceptions and variations to this practice, depending on local customs, negotiation, and specific agreements between the parties involved. Here are some scenarios where the buyer might indirectly bear some of the commission costs:
1. Negotiation: In some cases, buyers may negotiate with the seller to include a provision in the purchase agreement where the seller agrees to pay a portion of the buyer's closing costs, which could indirectly cover part of the commission.
2. Dual Agency: In situations where a single real estate agent or brokerage represents both the buyer and the seller (known as dual agency), there may be different commission arrangements. In some cases, both parties may agree to different commission structures.
3. Customary Practices: Local real estate customs and practices can vary. In some regions or markets, it might be more common for buyers to contribute to certain closing costs or fees, including a portion of the realtor commission. However, these practices are not the norm nationwide.
4. Buyer Agreements: Some buyer's agency agreements might specify that the buyer is responsible for certain fees or expenses associated with the transaction. This would be outlined in the agreement signed between the buyer and their agent.
It's important for buyers and sellers to clarify commission arrangements and other financial terms during the negotiation and drafting of the purchase agreement. These arrangements can vary depending on the specific circumstances of the transaction and the local real estate market. If you have questions or concerns about who is responsible for paying the realtor commission in a particular transaction, it's advisable to consult with a real estate attorney or experienced real estate agent who is familiar with local practices and regulations.
