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It was the opposite. Home sellers paid both the home buyer’s agent’s commission and the seller’s agent’s commission, so buyers’ agents would not show houses th
by lotsofpulp 2y ago
It was the opposite. Home sellers paid both the home buyer’s agent’s commission and the seller’s agent’s commission, so buyers’ agents would not show houses they wouldn’t earn commission on, and simultaneously, buyers would choose to use an agent because they would not save any money by not using an agent.
Now, I believe since the National Association of Realtors is not allowed to require their selling agents to share their commission with buyers’ agents, that everything is up for negotiation, and home buyers can save money by not using agents.