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In the US, The buyer AND the seller fees are paid by the seller. Even if you have no seller agent, you lose practically every buyer without a buyer agent becaus
by TuringNYC 5y ago
In the US, The buyer AND the seller fees are paid by the seller. Even if you have no seller agent, you lose practically every buyer without a buyer agent because many agents will not show you a home not offering a fee. Its a shakedown.
- PaulDavisThe1st 5y agoI sold one of the 3 houses I've owned & sold to someone using a buyer broker. The broker reached out to negotiate the fee, and we settled on 2.5% (a bit too easily, I suspect I could have pushed it down to 2%). The last house I sold we almost sold via a buyer agent, and they did the same thing. They are doing work, so the real question is whether you feel they are overcharging or not for whatever it is that they do. Also, I think you meant to say "you lose practically every buyer WITH a buyer agent". This has not been my experience.