I am the buyer.
My broker is having me sign a Exclusive right-to-represent contract. I am already not comfortable with exclusivity but if I go through with it there is a statement that says (paraphrasing):
Broker will attempt to negotiate payment for broker fee from seller, and if seller refuses to pay then the buyer must pay.
Now if I am 99% confident that the seller will pay the brokerage fee and I submit an offer on a house and it goes through and for some reason the seller won't pay the buyer broker, can I just not purchase the house?
I don't want to be obligated to purchase a house and then get stuck with 3% brokerage fees because the seller didn't want to pay them.
If the seller doesn't want to pay the broker, then I don't want to buy the house. Is there a scenario where I agree to buy the house, but then find out the seller won't pay my broker but now I can't back out of the deal?
Basically I never want to pay the buyer broker. I only want to buy a house where the seller is paying both broker/agents. I have enough fees with closing costs.
Updated, here is the exact statement:
In any transaction in which Broker is entitled to a fee, Broker's fee will be in the amount of 3% of the purchase price of property unless otherwise agreed to in writing. Broker will attempt to negotiate for the payment of this fee by the seller or through a commission-sharing agreement with the seller's broker and Buyer agrees to cooperate with broker to secure this payment from the seller. The parties recognize that the payment of Broker's fee by the seller is for economic adjustment purposes only, and should not be construed to mean that Broker is an agent of the seller. If the seller refuses to pay Broker's fee, or any part of Broker's fee, Buyer agrees to pay Broker the balance of the fee from the Buyer's own funds.