It forces agents to be transparent about what they are providing for their X%.

So few starting investors do.First I would urge you to sanity-test ALL your assumptions (like "10% reserve for vacancy, PM, and Capex" and "5% for repairs") by speaking with experienced investors in your market with similar properties.

Not from an agent perspective, but from the buy side, it sounds good in theory, but comes with challenges. 

Educate yourself on the local market, network with other investors and agents, and always have a solid plan in place before making any investments.

@Sean Gribbons I would recommend that you do some internet sleuthing to find a loan officer who is experienced with new condo developments.  

You can tap into the extensive networks of property managers, attorneys, and insurance agents to get them.

The idea that seller agents might not offer commissions to buyer agents anymore could change how properties are marketed big time.

If that works then I'll have cash on hand otherwise I'll have to use the equity instead.My previous buyer's agent and friend I worked with in Mt.

Sippy Hey Sippy, I would be cautious of many over priced law firms, are the type of activities you are in need of can be easily done by an experienced accountant.

The listing agent then splits the commission with the agent who brings a qualified buyer, and this percentage is advertised on the MLS for each property.