Quote:
Originally Posted by DementedReality
again, another flaw in the system ..
1) i understand why the buying realtor doesnt like this listings, they make less
2) but i feel they are morally obligated to not exclude showing me certain properties becuase they dont like what the selling agent is offering as a commission!
i hired them to help me buy a house meeting certain criteria, but they get to pick and choose which ones i actually get to see?
thats the flaw in the system.
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I agree that this is the flaw in the system however, IMO, it is these discount companies that have done so.
Compensation being offered to a buyers realtor should be the same % across the board. Whether your list agent gives you 1% realty, full commissions or a flat fee is up to them.
I recently represented a couple buyers both buying through discount brokerages. On these specific properties, the seller was offering full pop to buyers agents and the list agent would have taken the discount. This is how it should be.
If a client came to me and was selling their home and buying another home I have no problem discussing some options with them but one thing I will never do is offer less to the buyers agent.