Posted by: Forum Host from ool-44c751ad.dyn.optonline.net on May 25, 2007 at 06:55:05
In Reply to: Finding a buying agent in Brooklyn posted by Andrew on May 24, 2007 at 21:10:06

Subject: Re: Finding a buying agent in Brooklyn

To find a buyer's agent, try the National Association of Exclusive Buyer's Agents website at naeba.org

For MLS-listed properties, the buyer's agent gets the "finders" half of the commission. The listing agent (never an exclusive buyer's agent -- they don't take listings) gets the other half. Both sides of the commission are paid by the seller at closing.

For properties not listed by MLS --for example, FSBO's, which other agents won't show normally -- you would pay the buyer's agent commission. You would negotiate the amount when you sign up with the buyer's agent.

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