With home prices on the rise and for-sale homes in short supply in some markets, it's no wonder home buyers are looking for an edge. Some think that making an offer through the seller's agent, rather than their own buyer's agent, will save them money and provide an advantage amongst multiple offers.
Are they right?
The answer isn't exactly clear since there are both pros and cons to purchasing a home through the seller's agent.
Some listing agents will indeed give the seller a break on their commission if there is no buyer's agent, but that's not automatic, says Ken Pozek, a Realtor with Keller Williams Realty in Northville, Mich. Rather, it's solely up to the agent to decide.Read on: