Talk of The Villages Florida - View Single Post - Buyer Agents
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Old 01-07-2010, 05:27 PM
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Originally Posted by Fourpar View Post
When we sold our house with a MLS agent, there were two. They worked as a team. 1 said she was the buyers agent, the other said she was the sellers agent.
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If they were in the same brokerage, that is illegal (in Florida). Suggest that might have been a misunderstanding of terminology...

Buyer agents are those wose loyalty is the the BUYER, to the exclusion of all others. Recommend you contact a Broker and ask for a Buyer Agent, and get your agreement in writing, before looking at properties.

Most of the time Buyer Agents are paid by the Seller, through a split of Seller's agreed upon commission. That is normally detremined by selling broker's offer of compensation via MLS listing. Buyer can pay Buyer agent, but mos do not want to do that.

Good luck,
I'm not sure how this must work. The agents who sold our house are highly respected, reputable agents. One of them represented us, and the other acted as agent for the people who bought our house. I doubt they did anything illegal.

JK