Comparison
Quick answer
A buyer's agent represents the purchaser in a real estate transaction — finding properties, negotiating offers, and protecting the buyer's interests. A seller's agent (listing agent) represents the property owner — marketing the listing, fielding offers, and negotiating on behalf of the seller. In most transactions, each party should have their own agent. Understanding whose interest each agent represents is fundamental.
Every buyer should have a buyer's agent and every seller should have a listing agent. Unrepresented buyers often overpay; unrepresented sellers often under-price or make costly contract mistakes. Post-NAR settlement changes, buyers should negotiate buyer's agent compensation explicitly rather than assuming it is covered. The value of professional representation — particularly in negotiation — typically far exceeds the commission cost.
Hourly rate
$150–$400/hr
Most common for financial modeling, analysis, and strategy sessions
Per session
$200–$600
Typical for a 60–90 minute advisory or review session
Monthly retainer
$2,000–$8,000/month
For fractional CFO engagements (typically 1–3 days/week)