Quote:
Originally Posted by momof1in150
Technically, the buyer is paying the commission because they are paying for the house. It just looks as though the seller is paying for it because it is part of the sales prices and shows as a debit to the seller on the closing statement.
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No, technically the seller is paying the commission, hence the debit to the seller.
The buyer is paying $X to the seller to buy the house regardless of whether the seller had an agent or not. It's up to the seller to settle up with his agent. If the seller had no agent, then he gets to pocket more of the sale.