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Updated about 9 years ago,
Are Realtors being used when buying a home from a builder?
A co-worker of mine is in the beginning stages of buying/building a new house in a new development that is just now under construction and will be selling the house she lives in now. I was curious so I asked her how she found the realtor to list her current home and she said the builder. The builder recommended a realtor that will list her current house for 4% vs the going rate in central Ohio of 6%. So 3% going to the buyers agent and 1% going to the listing agent. I found this interesting and wondered if this is a common practice between builder and realtors.