Buyers: Take Advantage of a Free Service

If you have a Buyer's agent, you are basically getting a free service. That is because the comission comes out of the Seller's proceeds at closing. What happens (in my part of the country, anyway) is that when a seller wants to sell a house, most of the time they will hire a real estate agent to find a buyer for them. The fee they pay the agent is a contingency based fee paid by the Seller at Closing. The agent who listed the property will try to sell it him/herself, and will also offer (usually half) of the comission to any other agent who brings a Buyer.