Quote:
Originally Posted by Laker14
If the MLS agent is showing you homes not listed by them, or by their agency, you can sign a contract that identifies them as your fiduciary agent. In that role they have obligations to you, the buyer, they would not have if they were the listing agent or closely associated with the listing agent. It's very clear in the contract.
They are paid by a cut of the commission, not as a separate financial transaction from buyer.
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Under Florida law, all licensed real estate agents must have a fiduciary relationship with both buyers and sellers, but that is not the same as being a sales agent. As a seller, if an MLS agent is acting as an agent for a buyer, I would not allow them to show my house, and I would not pay them a commission. I'm not sure what you are calling a "contract", but a contract requires consideration to be paid by both parties, the agent and the buyer. It sounds like the agent is representing the buyer, but wants to be paid by the seller? No way. The purpose of the commission is to represent the seller in selling the house. If the agent is representing the buyer, that is a conflict of interest. Why should I pay a commission to someone who is not representing me?