Broker commission, who pays?

  • Erstellt am 2015-10-09 11:41:32

nordanney

2015-10-09 13:06:33
  • #1
There is no legal regulation regarding the amount of the broker's commission. Depending on the federal state, however, there are "customary" practices. In case of doubt, the broker can then also charge 3.2258% from the seller and 8.3357% from the buyer ;)
 

ypg

2015-10-09 13:17:19
  • #2


Yes, you are right :)
 

Payday

2015-10-09 13:19:05
  • #3
the buyer could also simply tell the seller that he will not pay the commission and accordingly a lower purchase price results. In a poor sales situation, the seller will already accommodate or end up stuck with that part...
 

miho

2015-10-09 14:07:18
  • #4
I always only see the typical 3.57% or even 4.76% commission for the buyer here. But given the tense situation, brokers can almost get away with anything. Regards Michael
 

Uwe82

2015-10-09 16:37:08
  • #5
With us, usually both pay this 3.57%, unless one has a good negotiating position
 

Voki1

2015-10-09 20:58:31
  • #6




No, in case of doubt the broker is not allowed to do that. That would possibly be a breach of fiduciary duty double agency which, according to § 654 of the Building Code, can lead to the forfeiture of the broker's fee. Double agency is possible under certain circumstances, but these are always accompanied by the broker being obliged to inform both parties about his dual role. In case of doubt, therefore, he is not allowed to "demand" a broker's fee from both sides.

;)
 

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