Legal Question in Real Estate Law in Texas
Real Estate Agent's Cut
We are selling our house ourselves, but the prospective buyer hired a real estate agent to help him. Are we required to pay her her three percent out of the total we'll receive for the house? She's made us think that we do, but others say no.
Asked on 2/11/07, 6:42 pm
1 Answer from Attorneys
Joseph A. McDermott, III
Attorney at Law
Re: Real Estate Agent's Cut
Absolutely not. If the agent told you otherwise, offer to report him or her to the Texas Real Estate Commission. Depending on what the agreement between the agent and the buyer is, the buyer may be obligated to pay a commission, but that's not your problem.
Answered on 2/12/07, 3:59 pm