Appropriate fee for an agent? No work required.

[Jeremy Segermeister]

Hi all,

We decided to move cross country and buy a new primary home in South Florida. We know the new construction community we want to buy in. The builder pays a 2% agent fee. We are planning to go sometime in September to look at the models and put down our deposit.

What would be an appropriate fee to offer an agent to essentially show up and "represent" us? I would want the rest of the fee credited back to us.

[Tom Gimer]

No work required???

IMO, that's a completely unreasonable analysis of the situation. And taking some of the 2% ignores the potential liability the agent (broker) takes on in representing the buyer. All the liability and none of the commission? No thanks.

Hopefully these brokers are able to limit their liability in situations such as this.