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Real Estate
Reply to "As a buyer, how can I leverage new Realtor commission rules for my benefit?"
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[quote=Anonymous]I think one of the big things that may result out of this is that it will lead to LESS verbal bidding wars. When you had a buyers agent running interference, they would get on the phone with the sellers agent and talk through bid escalations. This was being done on the phone. If I'm an unrepresented buyer with an escalation clause getting triggered or getting asked by sellers agent for "best and final" I am going to absolutely demand proof of the other offer. This is not being done with any consistency when there is a buyers agent. [/quote]
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