Commission Due On Purchase of Off-Market Property?

[ecm38]

Months ago I identified a home in California and asked a local realtor to arrange a showing by the then listing realtor. He did so. At that time the price was excessive and no negotiations were had. Months later, with no further involvement with any realtor concerning this same property, the home was taken off of the market by the seller. I determined that the home was now off of the market on my own, without the aid of any realtor. If I make a direct purchase from the seller without any contact with a realtor am I obliged to pay a commission to any realtor?

[Coronita]

commission is paid by seller anyway, no?

[Coronita]

commission is paid by seller anyway, no?

[Coronita]

commission is paid by seller anyway, no?

[Coronita]

commission is paid by seller anyway, no?

[Coronita]

commission is paid by seller anyway, no?

[sdrealtor]

The listing agent has the ability to provide the seller with a list of buyers that they are entitled to a commission for if they buy during a set period of time. That is usually 180 days and the agent had about a week after the listing ended to give it to the seller in writing. If you never wrote an offer its unlikely that happened. My guess is you are probably free to go for it but would probably be better off having some level of representation to get you both through the process.

One additional point, even though ti may not be actively on the market it may still be under contract with the listing agent so you will want to make sure that isnt the case either.

[sdrealtor]

The listing agent has the ability to provide the seller with a list of buyers that they are entitled to a commission for if they buy during a set period of time. That is usually 180 days and the agent had about a week after the listing ended to give it to the seller in writing. If you never wrote an offer its unlikely that happened. My guess is you are probably free to go for it but would probably be better off having some level of representation to get you both through the process.

One additional point, even though ti may not be actively on the market it may still be under contract with the listing agent so you will want to make sure that isnt the case either.

[sdrealtor]

The listing agent has the ability to provide the seller with a list of buyers that they are entitled to a commission for if they buy during a set period of time. That is usually 180 days and the agent had about a week after the listing ended to give it to the seller in writing. If you never wrote an offer its unlikely that happened. My guess is you are probably free to go for it but would probably be better off having some level of representation to get you both through the process.

One additional point, even though ti may not be actively on the market it may still be under contract with the listing agent so you will want to make sure that isnt the case either.

[sdrealtor]

The listing agent has the ability to provide the seller with a list of buyers that they are entitled to a commission for if they buy during a set period of time. That is usually 180 days and the agent had about a week after the listing ended to give it to the seller in writing. If you never wrote an offer its unlikely that happened. My guess is you are probably free to go for it but would probably be better off having some level of representation to get you both through the process.

One additional point, even though ti may not be actively on the market it may still be under contract with the listing agent so you will want to make sure that isnt the case either.

[sdrealtor]

The listing agent has the ability to provide the seller with a list of buyers that they are entitled to a commission for if they buy during a set period of time. That is usually 180 days and the agent had about a week after the listing ended to give it to the seller in writing. If you never wrote an offer its unlikely that happened. My guess is you are probably free to go for it but would probably be better off having some level of representation to get you both through the process.

One additional point, even though ti may not be actively on the market it may still be under contract with the listing agent so you will want to make sure that isnt the case either.

[ecm38]

Yes, the commission is typically paid by the seller but consider this. It sometimes happens that an offer is made wherein the buyer offers to pay all commissions and transactional costs. That offer is made reflecting those costs in the lower offered price which lower price results in other consequences. Next, consider that a seller should consider how much money he/she nets in the transaction. Commissions are obviously a factor in reducing the seller’s net.

[ecm38]

Yes, the commission is typically paid by the seller but consider this. It sometimes happens that an offer is made wherein the buyer offers to pay all commissions and transactional costs. That offer is made reflecting those costs in the lower offered price which lower price results in other consequences. Next, consider that a seller should consider how much money he/she nets in the transaction. Commissions are obviously a factor in reducing the seller’s net.

[ecm38]

Yes, the commission is typically paid by the seller but consider this. It sometimes happens that an offer is made wherein the buyer offers to pay all commissions and transactional costs. That offer is made reflecting those costs in the lower offered price which lower price results in other consequences. Next, consider that a seller should consider how much money he/she nets in the transaction. Commissions are obviously a factor in reducing the seller’s net.

[ecm38]

Yes, the commission is typically paid by the seller but consider this. It sometimes happens that an offer is made wherein the buyer offers to pay all commissions and transactional costs. That offer is made reflecting those costs in the lower offered price which lower price results in other consequences. Next, consider that a seller should consider how much money he/she nets in the transaction. Commissions are obviously a factor in reducing the seller’s net.

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