# Buyer representation

A broker you engage and pay, whose duty on the deal is to you.

Nearly everyone a buyer meets in this market is paid by the seller, so the ordinary state of affairs is that no one at the table works for you. Engaging someone who does changes what you get told: a firm on your side will argue the price down, name the risks a listing broker would leave for diligence to find, and say when to walk. The cost is real and it is yours. It does not come out of the seller's fee; it is added to it, so ask what the engagement covers and whether any part of it is contingent before you sign.

In numbers: A [buy-side](https://searchspheresource.com/glossary/buy-side-versus-sell-side) engagement might charge 2% of the price, so $80,000 on a $4M deal, and the buyer pays it on top of whatever the seller pays its own broker.

Source: https://searchspheresource.com/glossary/buyer-representation
Not dated: A definition is editorial: what a term means, why it matters, and an example. None of it reads a source that can go stale, so there is no date to take and a stamped one would be the build time wearing a costume.

Site index for machines: https://searchspheresource.com/llms.txt