SD Realtor,
Thanks for the excellent info. I’m a complete novice with regards to the RE transaction process. Sorry for bringing up these basic questions. Can someone explain the exact role of agents, brokers and realtors (I always thought they are all the same) during a real estate transaction? Also if a buyer sees an interesting listing on the MLS and directly contact the listing agent, can he demand the 3% towards the buyers agent? What drawbacks do you see with this for the buyer?