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Do Real Estate Agents charge commission on seller paid closing costs?
Asked by theladebug (217)
October 4th, 2010
I was wondering if its standard practice for a seller to pay real estate commissions on the amount paid for buyers closing costs that is built into the sales price.
I was an escrow officer ages ago and I dont remember this being standard practice, however I have a real estate agent which has built $6000 into the price of the sale of my home for buyers closing cost and has calculated his commission based upon the sales price + this $6000
Any idea if this is the standard practice?
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