Legal Question in Real Estate Law in Virginia
Do I receive a portion?
I'm purchasing new construction real estate with out an real estate agent. Do I receive a portion of that six percent commisisson since I am representing myself.
Asked on 9/24/07, 11:27 am
1 Answer from Attorneys
Robert Strupp
Robert J. Strupp,Attorney at Law, PLC
Re: Do I receive a portion?
No. A commission is paid to a real estate licensee. However, since you are "saving" the seller the cost of part of the commission, you might negotiate for a reduced purchase price. Please consider seeking legal advice before enterring into a real estate contract.
Answered on 9/24/07, 11:33 am