From: Al Klein 
Newsgroups: alt.invest.real-estate alt.realtor.relocation misc.invest.real-estate
Subject: Re: Approximate value of  this income property?
Date: Thu, 10 Jul 2003 01:18:48 GMT

On Wed, 9 Jul 2003 02:33:35 GMT, "Baird Spalding"
 posted in alt.invest.real-estate:

>On  7-Jul-2003, Al Klein  wrote:

>> It's the selling agent's job (the buyer's agent is an agent who has a
>> contract with the buyer, something you're not too likely to see -
>> you'll see listing agents and selling agents, both of whom work for
>> the seller) to talk to the seller and work out a deal.

>Maybe I'm misunderstanding you. I don't know what planet or decade you're
>from but these days, on planet Earth there is only one initial contract, a
>contract with the seller. The seller pays the both agents. The closing
>statement or HUD1 debits the seller. End of story.

A buyer can contract with a broker to find a house at the best price.
That's a buyer's agent.  21st century, planet Earth, Long Island, NY,
USA.  One of my friends contracted with a broker last week, because
houses of the type he's looking for, in the market he's looking, stay
on the market less than 24 hours, and he doesn't want to waste his
time.