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See, this is what I never got...if the seller pays the buying agent's fee, isn't that agent in fact working for the seller by the very definition of how they ar
by shostack 10y ago
See, this is what I never got...if the seller pays the buying agent's fee, isn't that agent in fact working for the seller by the very definition of how they are getting paid? How could they ever be operating in the interest of the buyer?
- skewart 10y agoWho exactly pays for what - whether buyer or seller - is often negotiated. It's tied to the price of the house, but if the price ends up a little higher to cover those costs then the buyer is paying for it. Of course, both the buyer's and the seller's agents are once incentivised to achieve as high a price as possible, everything else equal.
- jameshart 10y agoThe seller pays using the buyer's money.