agrees to reduce the price to offset agent compensation, for many, a do-it-yourself home purchase might be pricier than a real estate agent’s compensation in the long run. I have heard horror stories of FSBO sales gone wrong and while I will still show FSBO properties I will never let my Buyers be taken advantage of and I don't mind making less money from Seller if it involves my clients getting what they want. On most home sales, there is a listing agent (the agent engaged by the seller to sell the property) and a selling agent (the agent who introduces the eventual buyer into the transaction). The selling agent is sometimes called the “buyer’s agent” because he or she is often working on a certain buyer’s behalf, and it’s easier than explaining that the selling agent is not the listing agent but really the buyer’s agent. There are some real estate agents that market themselves as “buyer’s agents,” “exclusive buyer’s agents,” or “buyer’s representatives.” These real estate agents have chosen to make a business of finding homes for prospective buyers and handling the negotiations and transactions attendant to the purchase. These agents want to accentuate the reasons a buyer shouldn’t go directly to the listing agent when they purchase real estate. A buyer who goes directly to the listing agent and allows that agent to “manage” both sides of the transaction is called a Transaction Broker agent which is what the entire area is considered. Their job is to get a good price for the seller, and also represent the interests of the buyer by just creating a win win situation. Some agents don't take commission on both sides if they sell it or they reduce it if necessary. A transaction Broker is therefore a real estate professional who is allowed to represent your interests as well as the buyer throughout the home-buying process. Once you agree to work with either , you will sign a written buyer agreement outlining
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