Listed Signed

Do I have to pay commission to a buyers agent if I didn’t have the property listed with anyone?

Its a commercial property, and I didn’t have it listed with anyone, so we never signed anything or advertised saying that we would pay a buyers agent commision. I’m assuming the buyer just found the property themselves and had the agent send us the offer so they would have someone representing them. In this situation am I obligated to pay them a commision or is it negotiable?

First check the offer and see if you unknowingly signed an agreement to pay a commission when you accepted the offer. If not, then you don’t owe a commission. Just because you didn’t list the property doesn’t necessarily mean that you don’t owe a commission.

It is not unusual for a seller to state that they will cooperate with a brokers without having a listing agreement and pay them a smaller commission.

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