When should I pay agent fee?
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 May 27 2016, 04:32 PM, updated 10y ago
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#1
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Junior Member
49 posts Joined: Jun 2013 
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Hi I am interested with a subsale house and the house is advertised by a real estate agent. He requested for 1% agent fee.
May I know when should I pay the agent fee? Upon signing s&p or after key handover? Appreciate your advice. This post has been edited by windskill: May 27 2016, 04:32 PM |
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May 27 2016, 04:39 PM
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#2
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Junior Member
49 posts Joined: Jun 2013
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QUOTE(jimmybcmy @ May 27 2016, 04:34 PM) Upon both parties signed the S&P and collected the 10% downpayment. Okay thanks for the input. Erm I think different places have different practices....for my case agent collects 2% from seller and 1% from buyer.Only seller need to pay the agent fee.  If let's say anything happens and the deal doesn't go through after signing s&p, will the agent fee be refunded? |
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