Newsgroups: misc.invest.real-estate
Subject: Re: Is 'your' agent really working for you?
From: acimfilesREMOVE@yahoo.com
Date: Thu, 11 Dec 2003 12:04:46 GMT


On 10-Dec-2003, "M Meister"  wrote:

> A Buyer Agent will only show houses that have listed Buyer Agent
> commission
> of 3% or more.  If a Buyer wanted to see those houses that offer less than
> 3% Buyer Agent commission, the Buyer should indicate to the Buyer Agent
> that
> he/she will make up the difference so the Agent can get his/her 3%.
>
> I believe that when a Buyer do this, he/she will be extremely represented
> by
> the Agent.

I just saw a listing on the MLS offering buyer's agents 5% commission on
$2.5 mil condo's. Even though I prefer to list, I have to admit it got me
thinking of ways to find a buyer.

While I agree that it's a disservice to the seller to allow them to list the
buyer's agent side below 3%, I still don't see how it hurts (anyone but
myself) to reduce the commission on the listing side of the transaction.