Quote:
Originally Posted by afc wimbledon
The reality is (if you'll excuse the pun) that only one party pays both agents and that is the vender, so I always work on the assumption that, as a buyer, I'm not 'represented' at all, it is in the interest of both agents to get you to buy the house as quickly as possible for as high a price as possible.
In order to facilitate this the listing agent will try to get the vendor to list it low to get it sold quick, and the buyers agent will try to persude the buyer that there is no chance of a price drop, there are other buyers looking at the property and you'd better get an offer in quick to lock it up.
Never trust any of it.
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Which is why sometimes you have to make it clear to your real-estate agent representing you as a buyer that you will walk away from deals if it is too expensive - by actually doing it.