Would you pay a broker fee at closing if you were the buyer and the broker

by a searcher from University of Nevada - Las Vegas

1 year ago

The question is would you pay a broker fee at closing if you were the buyer and the broker represented the seller.? I am interested in hearing everyones take on this, please comment below and let me hear your opinion. Thanks!

0 likes
104 views
12 comments

searcher from University of Florida

I would ask why the broker is demanding this? Does he/she feel as if they are getting blocked out of commission? No signed contract with buyer and only word of mouth to connect you two and feels like should Be compensated?

1 year ago | like reply | 0 likes

searcher from University of Tromsø

Depends on how good the deal is, if you want it done quick and there are many other buyers, you are giving the broker an extra incentive to work with you instead of other buyers. I would ask the seller first, lack of disclosure kill deals.

1 year ago | like reply | 0 likes

More on Searchfunder

Just Closed on My First Deal! Reflections and Takeaways for other Searchers

45,152 transactions are available on Searchfunder (now searchable by keyword)

Now everyone has unlimited IBISWorld access

Family office looking for traditional searchers

Examples of self-funded searcher websites

Investor seeking Self-Funded Search Deals

What are market terms for Seller Notes?

2 Best Ways To Find Motivated Sellers, Off-Market Deals

Searchfunder is an online community and toolkit for searchfunds. Over 80% of those involved in searchfunds maintain a Searchfunder.com account to help them network, problem solve challenges, and keep up with the industry.

We maintain partnerships with database providers that make searching more effective, efficient and affordable along with features that help searchers find deals and investors and vice versa.