Ask most home buyers who pays the real estate commission after a sale has concluded and they will likely answer that the seller pays. Hence, they believe that the buyer brokerage service they receive is free of charge.
Ask most home sellers who pays the commission and they will say that they do. After all when they sign a mandate to list their home for sale with a REALTOR® the commission is written right into the agreement. This I would argue is a proposed charge on the transaction and that’s it.
I would like to offer an alternative view.
Most residential real estate transactions involves 4 parties.
A seller plus their REALTOR®.
A buyer plus their REALTOR®
But who brings what, to the metaphorical deal table?
The sellers bring a…