Orion Mortgage, Inc. | 303-469-1254
Should I Hire a Buyer’s Agent?
Based On my experience and observations of others, the issue is not whether to use a buyer’s agent. The issue is which buyer’s agent to use. In my own last purchase, the listing agent offered me a credit not to bring in my own agent. I told him thanks, but I would use an agent I selected. When the transaction closed, we had negotiated a price concession roughly 10 times the credit that was offered plus valuable nonstandard terms. I don’t think the listing agent understood what was given in terms. My agent more than earned his commission. The listing agent was paid a very small commission for the size of the transaction. My opinion is that the seller made a costly choice by selecting an agent based primarily on commission.
