Quote:
Originally Posted by sweeps
People use an agent to buy a house, because it is free to them. The seller pays the fees for the seller's agent, who splits the commission (typically 5% nowadays) with the buyer's agent. In general the buyer gains nothing by going without an agent.
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Technically, the buyer is paying the commission because they are paying for the house. It just looks as though the seller is paying for it because it is part of the sales prices and shows as a debit to the seller on the closing statement.
Most sellers who are working with an agent prefer that the buyer is also working with an agent. In the simplest terms the reason to use an agent either way is CYA (cover you a$$).