How to find out if your agent is getting a bonus incentive

Our original co-host, Lindy Chapman, joins us for the next few episodes to discuss all things agents, commissions and transparency!

For this episode, we breakdown the many buyer agent incentives that are, at times, not visible to buyers.   Whether it's an increase in commission based on sales price, a bonus to a builder for having three clients build, or even $5,000 from Opendoor for having clients hand over their homes.  

Learn how to spot these incentives and how you can make them work to your advantage.

0:58: Examples of agent commission incentives in private remarks
2:44: How do you know if your agent is getting an extra incentive
3:40: Why a seller would offer an incentive and the impacts on a buyer
4:20: What is a "private remark" and buyer compensation now publicly viewed
6:00: New construction incentives and how to make them work for a buyer
6:30: Inspections and new builds
8:50: What to know if using an agent when building
9:30:  When you could negotiate a buyer rebate
11:10: Understanding agent commissions and potential "fee for service" model
16:56: The need for less agents and more education
18:52: Incentives that Opendoor offers to agents and their current troubles
21:56: How to protect yourself as a buyer from bonus incentives
23:20: Commissions and how Zillow and Realtor.com get a piece
24:26: The bait and switch on best agent platforms

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