Why is there an agent needed for both the seller and the buyer in real estate? What do realtors actually do?
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The listing agent is hired by the seller, and works for the seller. You can agree that the seller’s agent will represent you as well, but you’re waiving a lot of rights and releasing them from a bunch of legal obligations. Or you can go without, which leaves you even more unprotected.
As far as pricing is concerned, most agents would prefer a fast, smooth, transaction to a higher price.. Getting paid fast with as little effort as possible is preferable to a higher commission, makes them more money in the long run, so they focus on getting the deal into escrow and closed, not fighting to get the highest sale price.
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