Agent collect his fee from the principal who has appointed him. It can be the seller or buyer.
If you have not appointed the agent to secure a property, then there is no fees to be paid.
Property agent charge 1% buyer fee. Normal?
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 Jul 9 2020, 03:18 PM
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14,511 posts Joined: Sep 2017 
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Jul 9 2020, 04:01 PM
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QUOTE(hightechgadgets8 @ Jul 9 2020, 03:03 PM) some owners back track on the 1% after signing means the agents only got 2% An agent CANNOT collect his fee from the buyer even if the seller refused to pay his fee. His only recourse is to take legal action against the seller.either agent gets the buyer to pay full 3% or if buyer refuse, will get 2% from buyer and balance 1% from owner  |
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Jul 9 2020, 04:18 PM
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QUOTE(mingyew @ Jul 9 2020, 04:15 PM) Different state different system... penang like buyer need to pay it. If is agreed prior, there is no issue. If I dont appoint the agent, I dont expect to be pay fee. Just like if i bought a fridge, i expect inclusive of delivery unless otherwise stated that is payable. This post has been edited by mini orchard: Jul 9 2020, 04:21 PM |
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Aug 6 2020, 04:39 PM
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QUOTE(liyanakahar @ Aug 6 2020, 04:30 PM) why agent must earn 3% max? cannot earn 2% only? Same question I ask ..Why agent must earn 2% only and not earn 3% max ? |
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