Buying agent has the same motivation as sellers. When I bought my Vancouver house, my agent suggested a much higher offer than I made. I don't necessarily think their motivation is to make more money on the sale, but instead skip the back and forth negotiation process to quickly complete the deal.
I ended up getting the house at my asking price with all of the contingent fixes. That was after my agent told me the price sounded too low to be serioisly considered and said I risked loosing the house". I'm glad I had a buyers agent considering it's free to me, but she was really pushy to have me put in an offer quickly and tried to talk up every property she showed me.
I'm sure there's better agents out there, but both the buyers and sellers agents have the same motivation; to quickly sell the most expensive house they can.
|