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re: Selling my house. Why do I have to pay the buyer's agent?

Posted on 10/17/17 at 8:08 am to
Posted by KG6
Member since Aug 2009
10920 posts
Posted on 10/17/17 at 8:08 am to
quote:

We sold by owner on Zillow, FSBOBR, etc. If a buyer comes with no agent, problem solved. In our case an agent reached out to us and said a client is interested, are we willing to work with an agent. We said yes at 2%.
Good thing we said yes, otherwise our house might still be on the market. In my opinion, it’s worth the 2% to unload the house.


I understand this situation, and I get that it was in your best interest to work with the buying agent and do the 2%. I think that is how it should work in this situation.......to an extent.

What's screwed up though is that if you had said no, then does the buying agent just not show his clients a house that is possibly perfect for them? I totally understand why they'd have no incentive to. I get that. But at that point, the agent really isn't working for the buyer. They are just working for their own commission. So in that sense, I feel a buyer should pay a flat fee for their realtor, and the seller works out their own deal with their realtor. The buyer's agent's commission being based off of a deal the seller has (or doesn't have) with an agent is asinine.
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