In a buyer's agency agreement, which statement is generally accurate regarding commission?

In a buyer's agency agreement, the accurate statement regarding commission is that commissions can vary and are negotiable. This reflects the flexible nature of real estate transactions where commissions are not set in stone. Buyers and agents often have the opportunity to discuss and agree upon the commission rate based on various factors, including the services provided, market conditions, and the specific agreement between the parties involved.

Unlike fixed commission structures that might apply in some contexts, this negotiability allows buyers to negotiate a commission that aligns with their budget and expectations. Each real estate transaction can be unique, leading to the potential for different commission structures based on the circumstances and the relationship between the buyer and the agent.

The other statements do not accurately represent typical commission practices in buyer's agency agreements. It's important for buyers to understand that even though commissions generally come from the seller, it is possible for the buyer to agree to pay if necessary. Additionally, while sellers may have a say in commission out of their proceeds in a transaction, discussions about commission can involve all parties, making the seller's involvement in negotiations a relevant aspect of the overall process.