Looped In

Houston real estate agents have been recorded saying they will not show certain homes to their clients — even though the houses meet all the buyers’ desires. This is one of the conversations. Read the story: https://www.houstonchronicle.com/business/article/houston-real-estate-agents-less-commission-records-15857087.php Agent: So if I were to bring you a client to purchase this property, do you guys pay me the three percent commission, or how does that work? REX: That’s a good question. So the seller does not pay a fee -- or not pay a commission to neither the listing agent nor the buyer side agent. So if your client comes to the home and says they like the home, most agents will either have their client place the commission on top of the offering on the home, offer price on the home, or --Agent: Yeah, that’s not going to work. Okay. Thank you. We can stop right there. Because I know they’re not going to do that. I know they’re capped at a certain amount, so I know they’re not going to want to pay me my comm