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D. Gerasimatos
 
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Default Ended up buying my roomie's condo. Should I compensate buyer's agent?

In article ,
Travis Jordan wrote:
D. Gerasimatos wrote:

The upside is that you will actually get an agent who knows what he is
doing and who will work hard for you. Without a contract what you
will get is an inexperienced agent and/or one who is taking you as a
client on a lark.


Maybe where you live. Where I live that isn't true (and I have family
members who are real estate agents).



I'm going to guess that you live in The South, where people do things
like buy houses with a handshake. Just because it's done, doesn't mean
it's the best way to do it. The best way to do it is to establish an agency.
Without that, the agent isn't technically working for you. You should
be able to see the downside in that from the perspective of both parties.


Dimitri