Quote:
Originally Posted by nmap
but it’s worth remembering that, per the laws of agency, realtors represent the seller. Except in the special (and rare) case where you (the buyer) directly compensate the realtor, any realtor you use will get partial compensation from the commission generated when the transaction is done. That means the seller is paying the commission, so all the agents involved in the deal are obligated to work for the seller’s best interest.
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I think this was changed around 2005 or 2006. I think that, like Colorado, you can get an Agent that represents the Buyer exclusively. (
http://www.trec.state.tx.us/questions/faq.asp ) The Buyer's agent actually get paid (ususally) by the Listing Realtor. When a home goes into the local multiple listing service (MLS) the listing agent offers to share their commission with any agent that can bring a Buyer to the deal.