Reply to I think my buyers agent hustled me and did not act in my best interest.

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Reply to "I think my buyers agent hustled me and did not act in my best interest. "

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Honestly, it's nearly impossible to decipher all that paperwork and fees and taxes and everything else you're forced to sign at closing. It's very common for a realtor to push you toward a certain title insurance company, home inspector, etc. and even try to lead you to a specific lender and homeowners insurance company. [b]They may get commissions (kickbacks) from those companies for leading customers to them[/b]. It's all a racket but remember that the homebuyer is the only real source of money in the transaction so they are the ones who get jerked around the most.[/quote]

No, they don't. That's a baldfaced lie.

They will steer clients to people they have experience with to ensure the deal closes without any hiccups.[/quote]

DP here. Realtors DO get kickbacks! Quit trying to cover for your corrupt practices.[/quote]

No they don't. If they use a title company that is affiliated with their brokerage, the brokerage benefits financially but the agent does not. [/quote]

The kickback doesn't need to take the form of money. If I provide you with training or education that would otherwise cost you money, that's the same as giving you money. 
[/quote]

My sister is a physician. Pharmaceutical companies regularly sponsor training events and provide nice meals as part of those. Kickback?
[/quote]

Yes it is and that is why there was such an issue with opioids.

A friend of mine was a nurse practitioner who gave out free or reduced birth control in a city years ago.  She said she got kickbacks from that (even though she didn't want them-  stuff sent to her office and home- no free trips) and knew of doctors who allegedly got free trips for "training or education" which were essentially (allegedly) just free luxury vacations.

She said you allegedly prescribed more you got more.  She left the profession as it really bothered her as she saw an uptick in people getting medication.  Again, this was a decade ago, so maybe it is different now (?), but she still talks about it openly. [/quote]

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