I believe that the LB should put up the listing agreement compensation so that the buyer broker can see it because I have worked for a home and received the 2% compensation, but when the closing came in, the listing broker was compensated 4% of 6% total. Whether the seller knew or not, I do not know. As a buyer broker, I want to see exactly what the seller is offering on a signed contract that the seller knows exactly what the split will be.
On the other hand. Would the buyer be able to see a copy of the seller's contract with the Listing company. Seems it should go both ways for both parties.
@@LunazulBarakaSo what? I’ve always thought that the LB listing contract should be made available. I want verification that LA isn’t holding Commissions that the Seller believes will be made shared with Buy side.
Hi Rob! If you are a Washington REALTORS member, please direct your questions to Annie at our Legal Hotline here: www.warealtor.org/membership/for-members/legal-hotline. Thank you!
Hi, what if the buyers agent agrees to work for 2% and the seller agrees to pay 2.5%. Why should the buyer agent get extra money if they agreed to work for 2%?
Hi Glen! If you are a Washington REALTORS member, please direct your questions to Annie at our Legal Hotline here: www.warealtor.org/membership/for-members/legal-hotline. Thank you!
There is no reason that the seller/listing agent should not obtain the buyer broker agreement IF That amount is being requested in their offer. There has to be a validation if it’s not being requested, then no
@@tinainnca Just curious: Why does there have to be Validation. Seems to me the Seller will either agree or he won’t. Is Validation a State Requirement? Curious. As stated earlier, Seller Agent should also share their compensation agreement with Buyer.
I believe that the LB should put up the listing agreement compensation so that the buyer broker can see it because I have worked for a home and received the 2% compensation, but when the closing came in, the listing broker was compensated 4% of 6% total. Whether the seller knew or not, I do not know. As a buyer broker, I want to see exactly what the seller is offering on a signed contract that the seller knows exactly what the split will be.
On the other hand. Would the buyer be able to see a copy of the seller's contract with the Listing company. Seems it should go both ways for both parties.
My question as well! I have never seen a buyer even dare to ask for that since it is an agreement between an LA and a seller
And it would make more sense and it would be more of their business because it's coming from the purchase price that the buyer is paying for
@@LunazulBarakaSo what? I’ve always thought that the LB listing contract should be made available. I want verification that LA isn’t holding Commissions that the Seller believes will be made shared with Buy side.
@@ZydecoBreakfast so what what? Read the room! Op and I are curious as well. We are not opposing anything 🙄🙄 why so rude!!??
Hi Rob! If you are a Washington REALTORS member, please direct your questions to Annie at our Legal Hotline here: www.warealtor.org/membership/for-members/legal-hotline. Thank you!
Hi, what if the buyers agent agrees to work for 2% and the seller agrees to pay 2.5%. Why should the buyer agent get extra money if they agreed to work for 2%?
Hi Glen! If you are a Washington REALTORS member, please direct your questions to Annie at our Legal Hotline here: www.warealtor.org/membership/for-members/legal-hotline. Thank you!
@@glenthomasrealtor6223 Perhaps write: ‘Buyer Agent Compensation shall be equal to Seller Agent’s Compensation.’
There is no reason that the seller/listing agent should not obtain the buyer broker agreement IF That amount is being requested in their offer. There has to be a validation if it’s not being requested, then no
@@tinainnca Just curious: Why does there have to be Validation. Seems to me the Seller will either agree or he won’t. Is Validation a State Requirement? Curious.
As stated earlier, Seller Agent should also share their compensation agreement with Buyer.
Great words of wisdom - thx Annie ❤
Why would you not want to know who is paying what, how much they are paying? That should be presented to the seller when the offer is submitted.
@@glenthomasrealtor6223 And Disclosure of Seller Agent’s Compensation should be shared as well.