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Navarr | 2 years ago

The buyer's agent fee is basically subsidizing the hard work of buyer's agents (which is taking their clients to multiple properties, discussions about what they want, using time browsing MLS to find houses that meet criteria and arranging tours of them)

When I was looking to buy a house, my agent received no financial compensation from me at any point. Their work was entirely subsidized by the buyer's agent fee - and we looked at a lot of houses trying to find the right one.

The negative effect of that is that they're incentivized to offload us asap.

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nordsieck|2 years ago

> The buyer's agent fee is basically subsidizing the hard work of buyer's agents (which is taking their clients to multiple properties, discussions about what they want, using time browsing MLS to find houses that meet criteria and arranging tours of them)

Since Zillow and Redfin have existed for quite some time how, that service seems a lot less valuable. I'm sure it can be worth it in the right circumstances, though.

yesimahuman|2 years ago

Yes but from the perspective of the seller, the buyer's agent fee feels like you're subsidizing the realtor market to make it viable. Now, don't get me wrong, when I _bought_, I was very happy my agent made money, because she deserved it. I can just understand the attitude to sellers over agent commission (not saying I agree with it)