The commission is between the seller and his agent. Usually the agency contract is exclusive and the agent is entitled to their commission if sold within the period set forth in the listing agreement. Most listing agreements are between 3-6 months in length. You may want to employ your own agent to submit your offer as their commission is paid by the seller and not you. I always strongly recommend that you DO NOT USE THE SAME AGENT and you have your own agent represent you. THERE IS A CONFLICT OF INTEREST WHENEVER THE AGENT REPRESENTS BOTH THE BUYER AND SELLER. These are known as a DUAL AGENCY representation and the California Dept of Real Estate allows such representation but I would never recommend using a dual agent. Some states disallows such dual agency representations and California should ban such practices because the seller's agent is supposed to get the highest price for the seller and the buyer's agent job is to get the lowest price for his client. Now how can an agent that represents both parties do both??? Real estate agents love dual agency because they don't have to share their commission with the buyer's agent.
Darrell York
Law Offices of Darrell J. York
27240 Turnberry Lane, Suite 200,Valencia, CA 91355
866-908-2121
http://www.djylaw.com
Accident Law Basics, Motorcycle Accident Law, Car Accidents, Construction Accidents, Slip and Fall Accidents, Wrongful Death and
Bankruptcy Law Basics, Consumer Bankruptcy, Business Bankruptcy, Debt & Collections, Credit Problems and
Business Law Basics, Starting A Business, Types of Businesses, Naming A Business and
Child Custody Law Basics, Child Custody Procedure, Child Visitation, Father’s Rights, Modifying A Child Order and
Child Support Basics, Child Support Calculation, Failure to Pay Child Support, Modifying Child Support, and
Criminal Law Basics, Arrests and Searches, Drug Charges, Drunk Driving, Marijuana Laws, Juvenile Laws and
Drunk Driving Law Basics, DUI Checkpoints, DUI Testing, DUI Defenses and
Employment/ Labor Law Basics, Hiring & Firing, Wage & Hour, Job Discrimination, Sexual Harassment, Workers Compensation and
Estate Planning Basics, Elder Law, Living Wills, Probate, Trusts, Wills, and
Family Law Basics, Adoption, Divorce Law, Child Custody, Child Support, Spousal Support, Marriage and
Immigration Law Basics, Asylum, Citizenship, Green Cards, Permanent Residents, Visas and
Personal Injury Law Basics, Defective Products, Dangerous Drugs, Property Damage and
Real Estate Law Basics, Commercial Real Estate, Foreclosure, Landlord Tenants, Mortgages, Residential Real Estate, Zoning and
Real Estate Law Basics, Commercial Real Estate, Foreclosure, Landlord Tenants, Mortgages, Residential Real Estate, Zoning and
Social Security Law Basics, Applying for Benefits, Eligibility and
Traffic Law Basics, License Suspension, Traffic Court, Traffic Violations and
