Real estate agent taking agency fees
Question
I have two question regarding the agency fees for real estate.
1. Is the agency fees haraam for an agent if he shows numerous real estate properties to numerous clients and then one of the clients, rented or bought a property and the agent takes 10% or so amount of the property sold or half month or the rent for the commission of the agent?
2. Is this agency fees is haraam for the client to pay to the agent?
Answer
It is permissible, for he has provided a service.
And Allah Ta'ala (الله تعالى) knows best.
- Answered by
- Mufti Ebrahim Salejee (Isipingo Beach)
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