Listing & Buying Agent Bias

[Kyle Southard]

In a city in the South, I don’t yet have a buying agent, but am looking to buy a piece of property that is currently overpriced (has been for over 5 months). I believe the property’s listing agent would be willing to work with me on acquiring the property more if I go through her as the buying agent, too...are there any flaws in that thinking? I appreciate your insight!

[Christopher Phillips]

@Kyle Southard

Yes. That is a myth. Listing agent’s fiduciary duty is to their client the seller. Not to give unrepresented buyers a deal.

Seller pays for the commission. It doesn’t serve you to go in without your own representation. Especially considering most buyer agents do all the heavy lifting during the transaction.