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Old Jul 05, 2013, 03:04 PM
Ike McCaslin's Avatar
Ike McCaslin Ike McCaslin is offline
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Member Since: Sep 2012
Location: South Carolina
Posts: 2,154
Quote:
Originally Posted by WikidPissah View Post
Mast...

No, they don't really. The agent looks after your best interest though...so I am not crazy about both sides using the same agent. The agents split the commission (which is usually 15-16 percent). The buyer's agent will show them many houses by many different realties, and submit offers. The seller's agent may have buyers he/she is working with, and other houses on the market, but the bottom line is they are supposed to be getting you the most for your house. The buyer's agent is trying to get the best deal for the buyer. So, you can see how there is potential for it being a conflict.
Are you serious about the 15-16 %? In my area, it is usually 6%, sometimes 7, and sometimes as low as 4%.
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