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Updated 3 days ago, 12/26/2024
Expectations of Investor Buyer's Agent
I am just starting my investment journey, so have only used Real Estate Agents to assist with buying and selling my primary residence. In those cases, the compensation % for seller and buyers agents was set and I signed a 6 month commitment. What is the current status quo for Real Estate Agents for investors in terms of compensation and contracts. I don't want to sign an agreement with any one agent because I would be looking for which ever agent could bring me the property fitting my requirements. I am completely capable of searching with Zillow, so I would be looking for deals that are not in MLS or coming soon and ~10% below market or so. Also, I would not be on a particular timeline to buy something, would wait until I really liked a deal that fit my strategy. Also, I am hearing that recent legislation has affected buyers agent commissions. How does that affect things?