How Do I Know If I Have to Pay a Commission When Selling My House?

It’s easy to get caught up in how much you expect to be offered for your home and how much of a profit you can make. There’s more that goes into profiting from the sale of your home than just how big the offer is though. You have to consider your costs as well. Commissions can sometimes be one of those costs, but how do you know if you have to pay them or not?

Are Real Estate Agents Involved?

To figure out if you have to pay a commission when you sell your home, the first question you have to answer is whether or not real estate agents are involved in the transaction. If so, there’s a good chance that you’ll have to pay agent commissions. This responsibility usually falls to the seller and is paid using the proceeds from the sale. Commissions are how agents get paid for their work. If neither the buyer nor seller is working with agents though, there isn’t anyone to pay a commission to.

What about Fast Home Buying Companies?

Buying and selling real estate can be highly technical and complicated. Because of this, most buyers and sellers use real estate agents when conducting real estate transactions. That doesn’t apply to all buyers and sellers though. Fast home buying companies are real estate professionals in their own right and don’t need real estate agents to purchase properties. Their fast, simple, easy process means that those who sell to them don’t need agents either.

How Do I Sell to a Fast Home Buying Company?

Selling your home to a fast home buying company is arguably the easiest way to sell a home. All you have to do to get started is to contact the company and tell them about your home. If your home meets their criteria, they’ll contact you and schedule an appointment to come see your home. You can expect an offer within 24 hours. Once you’ve accepted the offer, pick your closing date and then show up at the appointed place and time to finalize the sale and get paid. It’s that simple.

It’s not always easy to figure out what your selling costs will be before all is said and done. The cost of repairs can be unpredictable and how much you are expected to pay in closing costs depends entirely on what is negotiated between you and the buyer. Whether or not you have to pay a commission is a lot more straightforward, especially if you sell to a fast home buying company like Minnesota Home Guys. You won’t have to pay an agent commission when you sell your home to us.

Do you need to sell your Edina home? Minnesota Home Guys is the buyer for you! Click here to get started today!

Frequently Asked Questions

Yes! Minnesota Home Guys purchases land as well as houses. Whether it’s a vacant lot, acreage, or a parcel you inherited, we’re happy to take a look and make you an offer. Just submit the property details and we’ll get back to you.

Yes, absolutely. While we’re based in the Twin Cities, we buy houses all across Minnesota. Whether your property is in the suburbs, rural areas, or small towns, we’re interested. Submit your address and we’ll let you know how we can help.

We consider several factors when making an offer, including your home’s condition, recent comparable sales in the area, market trends, and any necessary repairs. Our goal is to provide you with a fair and competitive offer based on real market data.

No! We buy houses in any condition, whether they need minor updates or major repairs. You won’t have to spend a dime on renovations, inspections, or cleaning—we handle everything.

If your home is in foreclosure, we may still be able to buy it and help you avoid a full foreclosure process. The sooner you reach out, the more options we have to help. Contact us today to discuss your situation.

No, you will not be “listed” and waiting for a buyer – we are direct home buyers, not an agent offering to list your home and hope it sells. That means you don’t have to worry about showings, commissions, or waiting for the right buyer. We buy homes with cash, allowing for a fast and hassle-free closing.

Yes! If you’re a landlord with problem tenants or an unwanted rental property, we can make you a fair cash offer. You don’t have to wait for a lease to end—we buy properties with tenants still in place. “Tired landlord” is one of the most common situations we see.

We buy single-family homes, townhomes, duplexes, multi-family properties, and even vacant land. If you’re unsure whether your property qualifies, just reach out to us!

Closing speed is based on your timeline. If you want to close fast, we can do that! If you need time, we can do that too!

Here’s how it works: Once you accept and sign our offer, we order the abstract update and a title opinion. If any title defects are found, we work with you to resolve them. Once the title is cleared, we set a closing date and begin preparing the legal closing documents. Closing date is typically 2-4 weeks from the time the offer is signed, but if you are in a hurry please call (952) 222-7138 and we can expedite the process!

When you choose to sell your property to us, we will cover the abstract update, title opinion, transfer tax, as well as closing costs. You will only be responsible to pay property tax up to the date of sale and any liens.

We guarantee closing on every offer we make. This is easily done because our team gets to know the seller, researches the property, understands current market trends, and has cash ready to close.

Yes! If your home is listed with a real estate agent, you’re still welcome to submit it to us for a cash offer. Keep in mind that if it’s under contract or you have listing obligations, you may need to coordinate with your agent—but we’re happy to work with listed properties.

Nope! One of the benefits of selling to Minnesota Home Guys is that you don’t need to lift a finger. You can leave behind furniture, trash, old appliances—whatever you don’t want to deal with. We’ll take care of everything after closing. Just take what you want and leave the rest.

Our cash offer is guaranteed as long as everything we discussed about your property checks out. The only time the offer would change is if we discover something unexpected during the title process—like a hidden lien, unpaid property taxes, or a contractor bill that wasn’t disclosed. We’re always upfront and transparent, and if something like this does come up, we’ll talk it through with you.