Posted by: hicky October 29, 2010
Buying a house ...need advice
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I am just starting to buy a house. I met with a realtor and eveything is ok but have few concerns that I want to make sure. She has asked me to sign a contract to make her my exclusive agent which can be cancelled on mutual written agreement if necessary. Also in that contract it states that the buyer (me) has to pay the agent a broker fee of percentage of the purchase price. My concerns are should I sign a contract ?? and I thought, and read that seller are the one who pays the buyers agent i.e. the agent gets the percentage out of the purchased price and I don't have to pay anything more. Please advise.
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