[quote=Jack Feldmann;9684]Of course the buyers agent isn't getting money from the buyer, it's coming from the seller's proceeds.

I do realize that the seller is the one paying the agents, but if the seller had to pay less comission, the buyer could ofer a lower number while the seller would still walk away with the same amount.
EXAMPLE: in my area 7% is standard realtor fees. A $100,000 home would net $93,000 after the realtor fees. If the realtors aggreed to split a 6% comission the price could be reduced to $99,000 and the seller would actually net more ($93,060). This would also slightly reduce the buyers' closing fees since some of those are based on a percentage of the sale/financed amount.

I do realize that the 1,000 broken down over 30 years would make a negligable difference in the payment, but the buyer would feel better.

__________________
Integrity Inspection Service, LLC
www.irsindy.com
(317) 345-1828