who pays real estate attorney fees

Best answer


If you檙e buying a home,you檙e probably off the hook for paying the commission of the real estate agents.The home sellerusually picks up this payment. Typically,the fee is paid by the seller at the settlement table,where the fee is subtracted from the proceeds of the home sale.

People also ask


  • Who pays the realtor’s fees?

  • Standard practice is that the seller pays the fee. However, the seller usually wraps the fee into the price of the home. So, the buyer ultimately ends up paying the fee, albeit indirectly. Let’s say, for example, that a buyer and seller (each with a real estate agent) agree to a deal on a home for $200,000.

  • How much does a real estate attorney cost?

  • How much does a real estate attorney cost may factor into your decision-making given how many costs are associated with closing on a house . Fees will vary depending on the state you live in and the lawyer level of experience. The real estate attorney cost could be a flat fee, though some lawyers charge an hourly rate.

  • Who pays the commission when buying a house with an agent?

  • Who pays the real estate agent commission? If you檙e buying a home, you檙e probably off the hook for paying the commission of the real estate agents. The home seller usually picks up this payment. Typically, the fee is paid by the seller at the settlement table, where the fee is subtracted from the proceeds of the home sale.

  • How much do Realtors get paid when selling a house?

  • The fee comes out of the cost of the home攊t is not added to the sale price. So, although the buyer would pay $200,000, the seller would receive $190,000 from the sale. (This is an overly simplified example as closing costs and other fees would apply.) Are Real Estate Commissions Worth It?

    Similar Posts

    Leave a Reply

    Your email address will not be published.