Do I Have To Pay The Realtor If I Don't Buy Anything? | Rock-n-Roll ...

Q: Do I have to pay any commission to a Realtor even if I dont buy anything, just because he spent a lot of time with us and also because we cancelled the next offer?
?doudou, Cape Coral, FL

A: Typically you owe nothing to the Realtor and they usually cannot charge you anything as well. There are laws against what is called ?advance fees? in the business. Special State permission must be granted to allow someone to charge you a fee (advance fee) before an actual sale is transacted.

Successful Realtors usually set rigid guidelines to how they will work with buyers for exactly the reasons you have mentioned. If agents are not careful, they can spend a lot of time, effort and fuel without getting paid.
Adam Aguilar is a Realtor? with Reliantra in West Toluca Lake, CA.

A: Unless you signed a ?buyer broker agreement? then generally no. Real estate business is all commission based and its the costs of doing business for Realtors and they know, understand, and take that risk otherwise they would be working in an office somewhere on salary. If you feel bad, then continue working with that person as long as they are meeting your expectations.
Aram Shah is a Realtor? with Florida Capital Realty in Doral, FL.

A: There are only very specific circumstances where a Realtor pursue you to have their commission paid. It does not sound like it is one of those circumstances in your case. Usually, buyer real estate agents never have the buyer sign a agreement with them to clarify these issues beforehand so more than likely you did not sign one either. It would end up being a ?he said, she said? situation even if there was a legitimate reason to have a commission paid. If you feel the agent has no grounds, you can contact their employing broker, the local board of Realtors and/or the State Dept of Real Estate to file a complaint. Legal counsel may be necessary to help clarify this issue with the agent.
Adam Aguilar is a Realtor? with Reliantra in West Toluca Lake, CA.

Are you interested in having a qualified REALTOR answer your questions? Click through to Ask a REALTOR? now.

Are you a REALTOR who would like to answer consumer questions? Click through to become an Ask a REALTOR? participant.

Source: http://rock-n-rollrealestateagent.com/do-i-have-to-pay-the-realtor-if-i-don%E2%80%99t-buy-anything/

payroll tax aisha khan alanis morissette vanessa bryant vanessa bryant nfl mock draft 2012 adam lambert