Asked by mawar
As a buyer, should i pay house agent comission?
36210 views
10 Answers
Mawar,
The Board of Valuers,Appraisers & Estate Agents Malaysia has given guidelines on professional ethics and maximum fees chargeable by estate agnets. Estate agents can either be engaged by the Owner/Landlord or the Buyer/Tenant but estate agents cannot collect agency fees from both Owner/Landlord and Buyer/Tenant.If you are responding to the Estate Agent's property listing that is advertised then that Estate Agent is likely to have been engaged by the Owner/Landlord and a fee has been agreed to be paid by Owner/Landlord. Sometimes we have Buyer/Tenants who needed our services to find them a unique property at good prices or terms, then they will agree to pay us a fee upon success basis before we embark on the search and information gathering. Hope this will clear the air about our estate agency profession to clients like you.
Should you need further advise, please call David Wong at +60193330573 Read More
The Board of Valuers,Appraisers & Estate Agents Malaysia has given guidelines on professional ethics and maximum fees chargeable by estate agnets. Estate agents can either be engaged by the Owner/Landlord or the Buyer/Tenant but estate agents cannot collect agency fees from both Owner/Landlord and Buyer/Tenant.If you are responding to the Estate Agent's property listing that is advertised then that Estate Agent is likely to have been engaged by the Owner/Landlord and a fee has been agreed to be paid by Owner/Landlord. Sometimes we have Buyer/Tenants who needed our services to find them a unique property at good prices or terms, then they will agree to pay us a fee upon success basis before we embark on the search and information gathering. Hope this will clear the air about our estate agency profession to clients like you.
Should you need further advise, please call David Wong at +60193330573 Read More
9
According to law and regulations, buyer not need to pay any commission, only the owner to pay the commission. Thx.
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VBViviera Anggun Beauty CareRepliedYa, precisely - owner or seller pays the agent commission.
My reasoning, the buyer saw a house in the advertisement and he eventually bought the house. The buyer did not hire or engage the agent to search a house for him. He just saw the advertisement and bought it. No work the agent do on behalf of the buyer. Why should the buyer pay the agent commission? What logic argument here for a buyer to pay commission to the agent? The buyer should not pay the agent commission.
Fellows REA & REN, We are practicing a win-win-win rules in properties market. The involved party are Tenant/Purchaser-Landlord-Agent. There is a case which seller did not want to pay commission to the agent, so what the agent do is he collect commission from the purchaser. The purchaser is happy to pay, the seller is happy to sell his property and the agent is happy to close deal.
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Agreed with Andrew Ang Quoted by Andrew Ang: "Put yourself as an agent without normal salary and running everywhere 4 your client at your own expense. So how would you feel if your client don't pay you the commission?"
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seller will pay the agent fees, unless you are fully satisfied with his services and going to pay him extra i think is fine for me:D
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