A buyer's agent represents the purchaser in a real estate transaction, helping them find properties, evaluate them, negotiate, and navigate the close, in exchange for a commission.
Log in to followContract price 425,000. My rep agreement says 2.5%, so 10,625 to my broker. Seller signed off on 3% in seller-paid costs, 12,750, and I was planning to run the commission through…
I've been looking at a couple of small houses in a town about an hour out. Both times the sign had the listing agent's number on it and I just called that number. Nobody made me s…
I've been rebuilding my acquisition template since the August 2024 rule changes and I keep hitting the same fork on one line. Option one: put the buyer-agent fee in as a real cash…
Career changing into this and I'm starting from nothing. What I pictured was an agent opening the door, you like the house, you sign, done. Then someone in another forum said the…
I am rebuilding acquisition cost assumptions out to 2027 and the buyer-side fee is the one input I cannot defend with data. Redfin has averages near 2.4 percent in early 2025, ess…
I'm looking at parcels, mostly 5 to 40 acres, price points from about $40k to $120k. Two agents have now more or less brushed me off, and a third said outright that she'd need a f…
I'd rather know what actually happened than what people predicted, so I've been reading the follow-up data. The case that nothing changed: NAR paid $418 million and rewrote the ru…
First purchase, probably a small rental rather than a house to live in. I've got calls booked with three agents and I realized I have no idea what separates a good one from a bad…
Trying to get the vocabulary straight before I talk to anyone. My understanding was that there's a buyer's agent license and a seller's agent license, and you pick one. Then a fri…
Bought a 318k three bedroom, my second property. I do a lot of due diligence on everything except, apparently, the thing I signed on day one. My rep agreement said 2.5%, 7,950 at…
Few deals in and I've hit a wall with the agent I've been using. She's excellent in the county she lives in and completely lost twenty minutes north, where the inventory I actuall…
If you expect three or four purchases a year, the buyer-side fee stops being a one-time closing cost and starts looking like a recurring line item. At a 300k average price and 2.4…
Before the rule change, as I understand it, the offer of compensation to the buyer's broker sat in the MLS listing field and the split happened more or less automatically through…
Two agents in the same market described the same rule to me in opposite terms this week. One called the written agreement before touring the best thing that happened to buyers, be…
Getting licensed and I want the cost side honest before I quit anything. What I have so far: pre-license course, about 500 exam fee, about 100 license application, about 200 backg…
The first draft the agent handed me was 12 months, the whole state, 3 percent. I read it twice, then read it a third time, and the part that bothered me wasn't the percent. It was…
We've been going back and forth on whether to add a licensed buyer-side person to our small service team rather than referring everything out. What I don't have a handle on is the…
Signed an exclusive right to represent in January. Six months, area described as "the metro area and surrounding counties," 2% of purchase price. I read it, understood the words,…
Looking at this from the loan side rather than as a buyer. If the seller agrees to cover the buyer agent fee as a credit in the contract, that credit is money moving from seller t…
Since the offers of compensation came off the MLS, the information did not disappear, it moved. Listing agents post it on brokerage sites, some MLSs run a separate non-public fiel…