Quote:
Originally Posted by Clarkey
What kind of commission do the builders offer on new homes? Is it the same 7/3 as with previously owned homes?
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It's not usually a case of the selling agent paying the buyers agent like resale. As an agent who does a lot of development sales, getting 3.5/1.5 would be way too easy; I'd have that on 35 sales in the last 2 months
Developers pay out to buyers agents directly (usually 3.5/1.5), and the selling agent (or unlicensed salesperson) gets a flat rate per deal, or a different percentage.
Usually the selling agent is paid the same regardless of whether you as a buyer come with an agent or not, so they're not motivated to try and cut out the buyers agent and double-end the deal.