I’ve always found buyer’s agents to be worthless. They seem to be a relic from the pre-internet days when buyers didn’t have access to the MLS although based on comments here that may become less representative. Both the buyers and sellers agent get paid based on a percentage of the sale so both want it to happen at the highest possible price. I suppose an agent could have some knowledge of local “gotchas” unique to certain areas but I’ve never found that to be the case. Some Fremont homes were never hooked up to city sewer; agents don’t know that and home inspectors just “assume” and don’t verify. In some places lot lines do not follow roads - or the road isn’t even a public one. Again, buyer’s agents usually aren’t hip to details like that.
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The cost of selling homes in the US:
Interesting times. I work for a RE brokerage and we are watching to see how the changes shake out. Offers of compensation went off our MLS yesterday and we’re fielding questions about whether our sellers are offering compensation today. Everybody is feeling their way cautiously into this transition, on both the consumer and the agency side. I’m in Tulsa, but we keep an eye on the coastal markets. Any other professionals or public seeing changes yet in your market?