From: "Don Zimmerman" 
Newsgroups: misc.invest.real-estate
Subject: Re: Is 'your' agent really working for you?
Date: Wed, 10 Dec 2003 00:57:34 GMT


"SteelVest"  wrote in message
news:d1c79cf2.0312091607.3e835cb8@posting.google.com...
>
> Why is it that the "Buyer's Broker" ALWAYS splits the six or seven
> percent commission with the Seller's/Listing Broker?  Why not
> negotiate the lowest price and the lowest commission?  THAT would be
> in the Buyer's best interest!
>
> SteelVest
> >
 A couple of years ago my wife and I dealt with a "buyer's agent" and became
curious as to why, while supposedly representing our interests, she did not
call our attention to two suitable properties that we found for ourselves
online on the MLS. Later, we found out that these properties were being
handled by "one percent" realtors presumably splitting lesser commissions.