Can A Broker Who Is A Buyer Share Commission With ... - Realtor.com

Q: If a broker is the buyer and hires another broker or agent as his/her buyer?s agent, can they both agree to share some of the buyer agent?s commission?
?Anonymous, Irvine, CA

A: Of course, everything is negotiable.
Teresa Smith is a Realtor? with Homesmart- Trudy Moore in Scottsdale, AZ.

A: Yes, use a referral fee agreement. It is a C.A.R. Form. In fact, if you were willing to do most of the clerical work, the agent should give you a majority of the commission. Contact me if you have trouble finding one. I am a California broker in Southern California. Click my name below for a hyperlink to my contact information.
Adam Aguilar is a Realtor? with Reliantra in West Toluca Lake, CA.

A: As long as you are both licensed and hang your licenses with a broker, you can give or accept a referral fee.
Beverly Houlier is a Realtor? with Hilltop Chateau Realty in San Diego, CA.

A: If the buyer is paying cash, this would be dependent upon the buyer agent?s broker?s decision. The buyer?s agent should be remunerated for their work ? and if they have the liability for representation of the buyer, they should be performing their usual high-level diligence and thoroughness of their job, thus fully earning their fee.

If the buyer is obtaining a loan, any and all payments to the buyer MUST be disclosed. It would be best to not share at all in the buyer?s agent?s commission in this situation; perhaps instead you could later represent the agent when that agent is purchasing a property.
Debra Kroon is a Realtor? with Yosemite West Real Estate in Yosemite, CA.

A: Sure, as long as everything is disclosed to both seller and buyer and is in writing the Broker can represent himself or hire another broker. Whatever the commission agreement says is between them. Seller should be made aware. It happens all the time. Brokers are in the real estate business to buy real estate!
Rosanne Nitti is a Realtor? with RMN Investments & Realty Services in Laguna Beach, CA.

A: I don?t know about CA Real Estate law but it is common practice in the industry to offer ?Referral Fees? to other REALTORS and in this case I would say it?s perfectly legal and ethical as long as it is disclosed on the contract and the commissions are paid in accordance with CA law.
Lou Sansevero is a Realtor? with Atchley International Realty in Lakewood Ranch, FL.

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3. What Is The Buyer?s Agent Fee For The Closing?
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