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September 25, 2010 at 9:01 AM in reply to: Commission Due On Purchase of Off-Market Property? #609241September 25, 2010 at 9:01 AM in reply to: Commission Due On Purchase of Off-Market Property? #609326ecm38Participant
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.
September 25, 2010 at 9:01 AM in reply to: Commission Due On Purchase of Off-Market Property? #609883ecm38ParticipantYes, 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.
September 25, 2010 at 9:01 AM in reply to: Commission Due On Purchase of Off-Market Property? #609993ecm38ParticipantYes, 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.
September 25, 2010 at 9:01 AM in reply to: Commission Due On Purchase of Off-Market Property? #610307ecm38ParticipantYes, 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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