What are you paying buyers agents?

[Anonymous]

Assuming no commission is offered by sellers.

[Anonymous]

Nothing. I'm calling the listing agents to see any houses I'm interested in.

[Anonymous]

Anonymous wrote:Nothing. I'm calling the listing agents to see any houses I'm interested in.

That's what will happen. Listing agents can now get an extra percent or two from the seller if the buyer is unrepresented. Not having to deal with another agent is worth it to the seller and to the listing agent.

[Anonymous]

August 17 will be a very momentous day. No more "buyer's agent commission" field from that point forward.

[Anonymous]

None. Why would I pay buyer agent anything. I can do it myself and probably a much better job.

[Anonymous]

Nothing.

Retain an attorney, in case you need it.

No buyer agent.

[Anonymous]

Anonymous wrote:None. Why would I pay buyer agent anything. I can do it myself and probably a much better job.

i wonder about this. I just sold a rental and had 15 offers. My agent didn’t let anyone in and didn’t deal with any offers that weren’t represented. The market is so so competitive, no need to hassle with people who don’t know what they are doing and slow down a transaction. And no way was my agent going to go over there and let the 100 people in who were trying to view the house the second it hit the market.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Nothing. I'm calling the listing agents to see any houses I'm interested in.

That's what will happen. Listing agents can now get an extra percent or two from the seller if the buyer is unrepresented. Not having to deal with another agent is worth it to the seller and to the listing agent.

Listing agents have always been able to pocket more commission if the buyer is unrepresented. That isn’t new.

It’s generally a bad idea for buyers to do this, however.

[Anonymous]

Anonymous wrote:None. Why would I pay buyer agent anything. I can do it myself and probably a much better job.

Lol. Until you can’t.

[Anonymous]

Anonymous wrote:August 17 will be a very momentous day. No more "buyer's agent commission" field from that point forward.

It’s funny that you think there’s going to be any meaningful change.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Nothing. I'm calling the listing agents to see any houses I'm interested in.

That's what will happen. Listing agents can now get an extra percent or two from the seller if the buyer is unrepresented. Not having to deal with another agent is worth it to the seller and to the listing agent.

Listing agents have always been able to pocket more commission if the buyer is unrepresented. That isn’t new.

It’s generally a bad idea for buyers to do this, however.

Yes but the listing agreement now let’s a seller elect to pay additional commission to a listing agent rather than a buyer agent.

[Anonymous]

Anonymous wrote:None. Why would I pay buyer agent anything. I can do it myself and probably a much better job.

So true. Look at how well you have managed your life with no regrets.

[Anonymous]

Anonymous wrote:

Anonymous wrote:None. Why would I pay buyer agent anything. I can do it myself and probably a much better job.

i wonder about this. I just sold a rental and had 15 offers. My agent didn’t let anyone in and didn’t deal with any offers that weren’t represented. The market is so so competitive, no need to hassle with people who don’t know what they are doing and slow down a transaction. And no way was my agent going to go over there and let the 100 people in who were trying to view the house the second it hit the market.

Maybe one of those unrepresented buyers would have offered you more money. It's great that you're in a position to not care about having potentially turned away a higher offer.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Nothing. I'm calling the listing agents to see any houses I'm interested in.

That's what will happen. Listing agents can now get an extra percent or two from the seller if the buyer is unrepresented. Not having to deal with another agent is worth it to the seller and to the listing agent.

Listing agents have always been able to pocket more commission if the buyer is unrepresented. That isn’t new.

It’s generally a bad idea for buyers to do this, however.

Yes but the listing agreement now let’s a seller elect to pay additional commission to a listing agent rather than a buyer agent.

That is effectively how it has always worked. Again, literally nothing new here.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Nothing. I'm calling the listing agents to see any houses I'm interested in.

That's what will happen. Listing agents can now get an extra percent or two from the seller if the buyer is unrepresented. Not having to deal with another agent is worth it to the seller and to the listing agent.

Listing agents have always been able to pocket more commission if the buyer is unrepresented. That isn’t new.

It’s generally a bad idea for buyers to do this, however.

Yes but the listing agreement now let’s a seller elect to pay additional commission to a listing agent rather than a buyer agent.

That is effectively how it has always worked. Again, literally nothing new here.

I do not understand. When we bought a house, the seller’s agent gave us a credit for the buyer agent commission. Why didn’t she keep it?