What is the best method of compensating a buyer's broker.?

Asked by Van Wahlgren, Colorado Springs, CO Mon Mar 23, 2009

ie one that works for you? I haven't used one before and would like some ideas and recommendations. There seems to be two types as far as I can tell. One that shows you around and is paid a part of the selling commission, and one paid for totally by the buyer. The last type seems to be the only one that has the buyers interests foremost and not making a quick sale.

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Michael Rayno, Agent, Cape May, NJ
Mon Mar 23, 2009
Unless Colorado has different rules all agents are paid from the sellers proceeds. If a buyers agent is telling you different I would check Him/Her out first.
An agents responsibility is to his customer whether it is the seller or the buyer. He must be Fair & honest with both parties, if he is not he could lose his/her licence.
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