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Old 05-30-2015, 07:12 PM
 
358 posts, read 200,369 times
Reputation: 84

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I eventually decided to buy a small house in Farmington which I found by myself before I met an R.E. agent.
But when I signed the contract with the builder, I asked them to put the R.E. agent in the contract so that he could be paid the commission from the seller(builder).
I found this house for myself, so I didn't need to include the agent in this deal, but I wanted to help him out.

But now, this R.E. agent asked me to sign "Exclusive right to represent buyer authorization".

1) Should I sign it?

2) In this doc, it says that buyer pay $195 admin fee to the broker firm, my question is why should I pay $195 to the R.E. agent firm??

3) without this doc, the buyer agent can't be paid the commission from the seller(builder)?

Thank you,

ps.
4) as I found the home, and agent did nothing for this home, can I ask him some rebate from his share of commission?
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Old 05-31-2015, 03:51 AM
 
Location: SW Corner of CT
1,729 posts, read 1,268,412 times
Reputation: 2073
I've sold and bought quite a few homes, and never heard of this fee, or it got buried in a deal and I never saw it. Did this agent show you any homes at all ???.....this is a freebie for them, and I'd express that and explain that I'm not paying the fee.
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Old 05-31-2015, 06:57 AM
 
4,503 posts, read 4,172,103 times
Reputation: 1983
I don't see why you need to sign the document since they didn't help you. I'd consult your attorney.
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Old 12-09-2016, 07:20 AM
 
Location: Scituate, MA
75 posts, read 48,420 times
Reputation: 77
Sign it. Make sure it is only short term and specifically lists the property address. In my area, administrative fees are usually deducted from my commission. I believe they would definitely agree to give you money back at closing. Crazy not to
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