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[quote=Anonymous][quote=Anonymous][quote=Anonymous]FWIW, DH and I have been buying and selling residential real estate for 20 years now.  Even back then the commission is negotiable.  We alway pay 4.5%.  3% goes to the buyer’s agent/agency and 1.5% to my agent to split w his agency.  He worked as an independent under a listing agency.  He essentially takes b/t 0.5-0.75% per transaction.  He doesn’t advertise and has a pretty extensive inventor client list that buys/sells both residential and commercial properties.  He makes a great living and we have done well with him through the various up-and-down markets.
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I’m curious why you pay double to the buying agent? 
We are considering entering an agreement with  a realtor for 4.5%- 2 to buyer and 2.5 to seller. This seems fair as the buyers are literally lining up and the selling agent incurs listing fees and staging. What am I missing here? Why does the buyer agent deserve so much more? [/quote]

We pay 4.5% as the seller same as you are lookin to do.  How the 4.5% is split b/t buyer agent vs seller agent is up to them.  Some deals are 3/1.5, some are 2/2.5.

Buyer agents are really on the side of the seller when it comes to price negotiation.  They are there to persuade their clients to buy the house at the price that the seller is willing to settle on.  Both sides are trying to simply make a deal at a price that their clients can swallow.  Buyer agents are on the side of their clients when it comes to researching and finding the right house(s) to present. [/quote]

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