Buyer's Agency
Who Pays for the Services of a Buyer's Agent?

"The buyer pays no more for the services of a buyer's agent than they would if using a traditional seller's agent."

This is a statement that every buyer needs to understand. While technically you are hiring an agent to represent you, the compensation usually comes from the transaction.

The seller, when they list their property for sale, agree to some amount and type of compensation to be paid at closing. Generally the amount of compensation offered to other real estate firms is made via the multiple listing service to both sub-agents and buyer's agents.

Occasionally a buyer may elect to compensate us directly for services offered. This is the buyers choice only and can be a specified or flat amount or other agreed form of compensation. The majority of buyers prefer the listing real estate firm offer to compensate the buyer agent.

Retainer fees are used but normally only for commercial properties or extremely difficult purchases.

As to "for sale by owners" (fsbo) or new construction, we arrange our compensation as part of the offer to purchase, usually to be paid from the seller's proceeds.

Compensation for a Buyer's Agent normally takes place at the closing and from the seller's proceeds.

Buyer's Agency : Media Comments : Buyer's Agent : Choosing an Agent : Paying for Services : Services to Buyers : FAQ

Buyer's Agency Questionnaires

If you would like further information about our buyer agency services, contact Bel-Cross Properties or complete one of the following questionnaires: