Buyers agent commission?

Does this sound right? I’m working with an agent I sourced through Zillow. I have no contract or anything with him. He wants a 3% commission. Usually the listings I see, 3 percent or so is set aside for buyers agent commission. But we’re looking at one where the buyers commission is only 2 percent. The agent wants me to add 1% to the closing costs to come up with the difference

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As a buyer you should not be paying commission. That comes out of the sellers side.

likesmart

Drop him and get a agent who can share commission with you, not the other way round.

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No way. Find another realtor. He needs you more than you need him.

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Send him a link to this thread and ask for his thoughts.

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First, f+*k all full time real estate agents. 98% of them are worthless. ‘Oh look…did you see the crown molding the owner did?!’ Yes, I have eyes you twit…
Hopefully the housing market takes such a hit that I see RE agents on the corners beggin for business.

likesmartfunny

Not in the US. My current home was bought 2 days before it hit the public market, before anyone other than agents would have been able to see it. My first home I needed the agent to tell me the nuances of home buying, pitfalls to avoid, and true home valuations, he wasn’t pointing out the crown molding

Thanks for the advice.

Fired the agent

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No, I just sent them an email saying we’re done

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What a greedy little person. I’d find someone different.

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Tell him you could find someone else that would take 2%

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Fire the agent. Prevu gives 2/3 of the commission back if they have operations in your area.

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F*ck the agent - he should be happy he’s getting anything.

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Did you sign any contract with him ?

Your mistake was sourcing an agent through Zillow instead of getting a significantly higher caliber agent who doesn’t play those games. But yes, 3% is the standard but it’s not on you to cover it, just means your seller is an A-hole.

When I signed a buyers agent agreement I edited this language so that it says that the agent will accept the commission paid by the seller up to 3%. And then they paid me back 23% of the commission they earned.

Are you buyer or seller. I just use Homelister

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