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Updated over 9 years ago on . Most recent reply

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291
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Devin Mann
  • Investor
  • Ascutney, VT
20
Votes |
291
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unethical to search for higher BA fees? (REALTOR)

Devin Mann
  • Investor
  • Ascutney, VT
Posted

as a buyers agent someone wants me to find them some properties.  As far as the buyer agency fee goes, standard seems to be 2%.  i find some at 2.5% and 3%.  

is it okay if i trim my search down to the 2.5-3% homes only? when there is a higher BA fee, does that mean the seller is more motivated?

Most Popular Reply

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57
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28
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Stephen Bell
  • Real Estate Agent
  • Jewett City, CT
28
Votes |
57
Posts
Stephen Bell
  • Real Estate Agent
  • Jewett City, CT
Replied

As an agent, your first and foremost responsibility is to your buyer, NOT your commission. While we all love the commissions, you owe your fidicuary duties to your client. If a home matches their criteria, you need to present it to them and see if they want a showing. As a buyer agent, are you going to eliminate a perfect home for your buyers just so you can get a .05% increase, selling them a home they are only "okay" with? It is not good business practice, or ethical to put your needs above your buyers.

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