thinking of buying a new construction in seattle. do buyers agents give cashback and if so, how much? couple of them we asked said no. trying to figure out what the norm is.
I find seller agent is on sellers side.
I found an agent who gave me everything back -$2000
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In Seattle area generally it's 0.5% of sale price or 10% of what the agent makes. I would recommend find an agent who can negotiate well on your behalf than the one who gives you cashback. Now is a buyer's market so if your agent can negotiate down 10% list price that is lot more savings than cashback. My agent is awesome. We did 3 transaction with her this year and she was consistently got us best deal through her amazing negotiation. Let me know if you are in Seattle area and you need a referral.
Your agent makes 5%!? Rofl
Why would she work on lowering the price when her commission is based on the sale price? If a part of her commission is based on the how much she was able to negotiate, it makes sense.