I just had my buyer purchase a new construction home that paid a 4% commission along with a BTSA of $3000 dollars.
6,913The MLS agent remarks section said that a $3000 BTSA would be paid to the selling agent along with the 4% commission. The contract does not mention the BTSA but does include the commission owed to the buyer's agent. What is the best strategy to get the seller to pay the BTSA?
2 answer(s)
About 7 years ago
I would show the MLS print out to the sales agent. It may well be he thought the date for the bonus was over. It could be someone forgot to take out the bonus. Nevertheless, it was advertised and will need to be honored. Ask for a copy of the form acknowledging the bonus. Do not hesitate.
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DislikeAbout 7 years ago
First of all congratulations on 4% and a BTSA! The best way to approach it is to speak directly with the builder sales agent. Since most contracts are written on their forms, it is sometimes buried in the pages. You can innocently ask"per the MLS there was a BTSA and I didn't see it reflected on the contract, can you direct me to where it is listed?" This is a very non-confrontational way to express that you want to be paid what you were promised and should lead to resolution. Most builders don't want to tick off Realtors. It may have been an oversight. If it was not included, ask what can be done to remedy it or who you need to speak with. If need be, include your broker in the conversation.
Disclaimer: Answers provided are just opinions and should not be accepted as advice.
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