[dpierce9]

The point about speed would be true under pretty much any incentive model except an hourly rate for the buy side.

My point is when you are buying, your agent wants you to pay more. This is not what you want generally. It is fundamentally flawed.

I agree, on the sell side it creates an incentive for an agent to not push for marginal price improvements. The incentives are misaligned on both sides of the transaction.

On net you get round-tripped on misaligned incentives with the percentage model.