07-29-2011, 03:27 PM
As long as there is incentive for the buyers agent to pump the price, there won't be true representation for the buyer outside of his/her supposed agent closing the deal in collusion with sellers agent at the highest possible contract price. The system should be changed to add incentives for the buyers agent to achieve the lowest contract price for the buyer. One method of doing this might be the buyers agent getting a tip for their services from the buyer just like a waiter would at a restaurant after the service is complete. That would fix things in a hurry!