08-07-2009, 03:21 AM
All true
But as long as the agent works for a commission, The buyer should always be aware the agent has a dog in the fight. Because of the commission structure There is a conflict of interest built in to the transaction. That is why in my opinion the whole real estate transfer system as it exists smells of fish.
The MLS and online services like zillow and trulia will eventually replace the traditional agency system because of this built in flaw in my opinion
But as long as the agent works for a commission, The buyer should always be aware the agent has a dog in the fight. Because of the commission structure There is a conflict of interest built in to the transaction. That is why in my opinion the whole real estate transfer system as it exists smells of fish.
The MLS and online services like zillow and trulia will eventually replace the traditional agency system because of this built in flaw in my opinion