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Originally Posted by Christy  How is the analogy a poor one? You can build a fence for probably at least half of what it would cost to have one built for you. Their motivation is the same as a real estate agent, to be paid for their services. |
The motivation is not the same. The (financial) incentive for a buyer’s agent is for the buyer to pay as much as possible for a home. The fence builders incentive is to bid lower than all the other fence builders and finish the job as fast as possible for the agreed upon price. The buyer’s agent’s payout (commission) is more on a $300K purchase than a $250K purchase. It does not behoove a buyer’s agent to negotiate the best deal on a home, just low enough so the buyer will cave.