How Exclusive Buyer Brokers Get Paid

Consumer advocates strongly recommend that buyers hire their own agents.

They further argue that a coop-fee has already been built-in to the purchase price, and therefore, there is no need for the buyer or seller to incur additional fees when the cooperating agent represents the buyer.

Why would a Buyer Agent want to negotiate a lower price for the Buyers? Won’t that reduce your commission?

The way a Multiple Listing Realtor Co-Broke normally works is that on a 6% commission*, 3.2% would go to the Listing Agency and 2.8% to the Buyer Agency on behalf of the Homebuyers.

Thus for every $1,000 that we reduce the sales price for you, your Buyer Agent’s commission will only be reduced by $28.00. It is our job to make sure that you are an extremely happy, fully educated Real Estate consumer.