Quote:
Originally Posted by Cappy
But you do pay their commission. Its baked into the purchase price.
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The purchase price is always the most anyone will pay. I'm competing against other buyers, and the person willing to pay the most wins. It doesn't matter where that money gets cut up at the end.
Especially under the circumstances I bought, of a massive bidding war. It's not as though the buyer would sell the place for $25k less if they weren't paying a buyer's real estate commission fee. The sale price was X. I had the best bid.