Re: Re: Buyers fees

#105767

Fuengi (Andrew)
Participant

@spanishsteve wrote:

An agent has ‘introduced’ me to a bank repossession and has informed me that as they do not get any fees from the bank they will be charging me a buyers fee.
Is this the norm and if so what are the normal type of fees charged?
Thanks.

Did they inform you before hand that they would be charging you a fee? did you agree to this? If not its up to YOU whether if they are going to get anything. They cannot force you to pay up.

There is nothing wrong with ‘finder fees’ as long as the parties agree beforehand.