So go do it yourself and compare the prices you’re able to get to and the work that it took to get there. Sometimes brokers will get you to prices you couldn’t get yourself. Sometimes you can beat their prices on your own… it just takes endless hours of your time to do it.
That’s what I was eluding to in the other thread. If you tell me what your target monthly payment is, I know for sure you should be looking for yourself. You’re going to get more favorable results
What’s silly about inquiring about this? Obviously a broker is the bridge between the dealership/client so they can’t have both parties best interest in mind.
I just think that you could have approached it better. There is the “Off Ramp” or “Ask the Hackrs”. The community would have responded there as well instead of cluttering a thread.
Dealer wants to sell cars and provides the numbers they will sell the car at. They dont want to deal with many calls for people who are just shopping them and will never come back. Broker does that work for them (effectively a marketing extension)
Client wants a great deal and convenience. If they like the numbers and service the broker is offering, they will hire the broker and pay a flat.
Dealer sells a car with minimal effort
Client gets a good deal with convenience
Broker makes their money and continues a good relationship with client and dealer
In the markets that I’m familiar with, the seller generally pays the buyer’s agent’s commission.
And the commission your buyer’s agent receives is traditionally a percentage of the sale price, so the more you pay for the home the more your agent earns.