Who can compensate buyer’s agent?

Who can a buyer’s agent receive compensation from?

  1.  Only the seller
  2.  Only the buyer
  3.  The seller or the buyer
  4.  It must be split between the buyer and the seller

The answer is C – It may be paid by either the seller or the buyer, but it’s far more common for the seller to pay.  Regardless of who pays, the buyer’s agent always owes fiduciary duty to the buyer.