Then the buyers agent get 3 percent for nothing. These days you can find all you need to know about a house online. So the the price of preparing a couple of offer forms they make 3 percent on 2.5 million! That is absolutely ridiculous. And what do we get in return. We get buyers agents forcing buyers to bid more and more and more against each other. This is because this is such a fat prize that there are way too many agents for this market and they are all forcing their clients to bid against each other so that they will be the one to get the commission.
[Portion removed by Palo Alto Online staff.]
Its restrictive trade practices and the law should do something about it.
This story contains 201 words.
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