Today’s tips are on finding your best buyers’ real estate agent and negotiating the commission. The agreement outlines the duration of the contract (not to exceed 90 days), real estate agents’ duties and responsibilities in exchange for you compensating the agent’s brokerage. You should also google those candidates and check their Department of Real Estate licenses to be sure there is no disciplinary action against them. To structure a buyer-broker agreement the way you describe would be illusory and violate real estate law. Some real estate agents have told me they verbally tell their buyers upfront they might or will, in fact, forgive any compensation concession shortage.