04-16-2009, 05:33 PM
Bill in NC wrote:
Buyer agents are also usually paid on a flat percentage of the sales price.
Unless you as buyer can change that formula (e.g. extra incentive for every $1000 below $XXXX) there's little incentive for the buyer's agent to aggressively negotiate the price of a house.
Plus, since they don't get paid until closing, they will pressure you to quickly choose a home and quickly come to an agreement on price.
Again, not exactly an incentive for them to negotiate a lower price for you as the buyer.
exactly!