Quote:
Originally Posted by Wayne Mudge
I know different states are different, but here in Florida at closing a typical buyer's agent's Broker gets paid by the seller's Broker and then funds are distributed to the actual Real Estate Agents themselves. The smoke and mirror part of it is for you to think they are working on your behalf, They are not and with the Villages salesforce, they really are not. Agent's want a fast smooth closing with no wrench in the gears, By that, I mean they want to pick or arrange your home inspector, They have their own list of guys that won't "kill the deal" so they say. They have closing agents and insurance agents Etc. that they prefer to arrange for you. It all seems nice, but more often than not, it is not in your best interest. If you are a home buyer here in Florida, just know it is exactly the same as buying a car, New or used, it does not matter, when the deal is done you are not going to feel like you just got a great deal.
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I agree, no matter where you are, all the agents are working for the seller to some degree. If the house sells they make money, if it doesn't they are working for nothing until it does sell.