Transactional Agent questions

[Paul C.]

Hey Guys, I am trying a new strategy of not using a real estate agent myself but trying to get the sellers agent to be a “transactional agent”. The thought is this would get them somewhat on my side(although not officially) so I have a better chance of negotiating and knowing exactly what the seller wants. Also, I am trying to get them to use a lower commission rate and reducing that from the sales price as the seller will still see the same amount. Has anyone else tried this and do you have any pointers or success/failure stories. Thanks!

[Chris Seveney]

Quote from @Paul C.:

Hey Guys, I am trying a new strategy of not using a real estate agent myself but trying to get the sellers agent to be a “transactional agent”. The thought is this would get them somewhat on my side(although not officially) so I have a better chance of negotiating and knowing exactly what the seller wants. Also, I am trying to get them to use a lower commission rate and reducing that from the sales price as the seller will still see the same amount. Has anyone else tried this and do you have any pointers or success/failure stories. Thanks!

They have a fiduciary duty to the person they represent. If you ask realtors, i would bet you have a lower chance of negotiating vs. using a realtor as a realtor who works for you can give you additional guidance on the process and the property's value.