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Am I solely responsible for the payment of the agent's commission? |
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Real Estate Self Help -
Marketing Your Property - Typical agency engagements
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Am I solely responsible for the payment of the agent's commission or does the purchaser also pay for his commission?
The Institute of Estate Agents (IEA) guide states that an agent's commission is usually only payable by the seller for private properties. However, some agents may ask for commission from the buyer too and such cases are based on mutual agreements between both parties but have to be made known to the seller. Find out more about commission guidelines by IEA Let EastLiving help you market your property
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