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Do I Have To Offer a Commission To a Buyer's Agent?
Do I Have To Offer a Commission To a Buyer's Agent?

Do I have to offer a commission to a buyer's agent?

Updated over a week ago

Each MLS has a different policy on the minimum that gets paid to the buyer's broker. Some MLS's require a minimum of 1% and others don't require any compensation to be offered. The MLS doesn't allow listings to advertise that the "Commissions is negotiable" or "Based on selling price".

The standard commission offered to a buyer’s agent is 2.5%. This commission is paid by the seller. We recommend offering the standard commission to attract the most amount of qualified buyers.

Remember, by working with Listed Simply, we save you thousands by listing your home for a flat fee of $149 instead of paying a listing agent the standard 2.5% commission to list your home. 😃

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