Myth: By not using an agent, I’ll save money because they’ll rebate the commission or cut the price.

Fact: By contract, the seller pays the agreed commission. Any “savings” from not having a buyer’s agent would simply go back to the seller, not to you. The listing agent has no obligation to offer you a rebate for being an unrepresented buyer. Please note by not using a buyer’s agent, it does not reduce the price of the home. The price is the same with or without an agent.

Myth: I don’t need my own agent, I can reply on online platforms and get help from the seller’s agent when buying their home.

Fact: A buyer’s agent is legally bound to represent your best interests. In contrast, a listing agent’s fiduciary duty is to the seller, meaning their job is to secure the best price and terms for their client and not for you. Having your own agent ensures you have a professional guiding you from start to finish. From finding on and off market listings, advising on pricing and strategy, to handling complex negotiations and paperwork. Skipping your own agent means losing your advocate and the protection that comes with fiduciary oversight.

Myth: Agents will try to steer me toward a more expensive home to earn a bigger commission.

Fact: A buyer’s agent’s legal duties include loyalty to your interests and full disclosure of any incentives. For example, if a seller offers an extra bonus or commission to agents, your REALTOR® must disclose that to you. Professional REALTORS® rely on market data and experience to negotiate the best possible price and terms for their clients, not to push a higher-priced property for personal gain.

*Feel free to give me a call if you’d like me to explain it in more detail.*