When can a buyer's agent receive compensation directly from the seller?

A buyer's agent can receive compensation directly from the seller if the agent becomes a dual agent. Dual agency occurs when a real estate agent represents both the buyer and the seller in the same transaction. This arrangement allows the agent to earn a commission from both parties, provided both the buyer and the seller are informed and have consented to this dual representation.

In a typical real estate transaction, the buyer's agent is compensated through the listing agreement between the seller and the listing agent. If the buyer's agent is designated as a dual agent, they can then receive payment directly from the seller, as they are representing both sides. It is crucial that all parties understand the implications and agree to this arrangement to ensure compliance with real estate laws and ethical standards.

The other scenarios mentioned do not support the idea of a buyer's agent receiving direct compensation from the seller. For example, receiving payment without an agreement, having the buyer refuse to pay, or waiting until the transaction is completed do not establish the legal framework necessary for a buyer's agent to be compensated directly by the seller. Dual agency is the specific circumstance that aligns with receiving direct compensation under a mutually agreed-upon arrangement.