Prepare for the PSI Virginia Real Estate Exam. Study with flashcards and multiple choice questions, each question has hints and explanations. Get ready for your exam success!

The correct answer is that both the buyer and the seller can legally pay a real estate commission. In real estate transactions, commissions are typically negotiated between the parties involved, which can include both buyers and sellers. This means that either party can agree to pay the commission based on their negotiation and contractual circumstances.

While it is common for sellers to pay the commission to the listing agent, buyers may also contribute to the total commission through their own agents or negotiable agreements. This flexibility allows for various payment structures depending on the agreement made.

Understanding this is crucial as real estate commissions are generally a reflection of the services rendered, and both parties involved in the transaction often play a role in determining the compensation for those services.

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