Well, we trained sellers to pay buyer's agents, which really didn't exist in CA until the late 1970's / early 80's. Prior to that it was all dual agency and listing agents only...so I guess we can train buyers in the 2020's. 

Having owned 5 businesses, I'm used to contracts and setting upfront expectations and boundaries when onboarding a new client.

It's rare, but I have been paid a partial fee from my buyers when the seller's paying less than my minimum. I will not represent buyers for less, especially if there's a referral fee. I've never understood agents that will make a seller sign an agreement and charge them, but seldom do the same with buyers. But to each their own, I do what is professional and works for my business model. What others do is either something I learn from or something I shake my head at. 
Good for the goose, good for the gander when it comes to buyers and sellers.

I do not do this to Military/Veterans, Teachers or First Responders, they get a pass but they also forfeit their rebate below my minimum.

LOL - you know they will. Hell, they bitch when I require them to give me a $500 retainer that they will receive back at closing!!! 

I am fortunate to not work with buyers. If I did, my guess is they would have an issue with paying a buyer agent anything simple because they have been able to use buyer agents without the need to pay. 

We pivot, shift, and adapt or we won't survive with any major changes in the market. 

In states where Buyer Agreements exists, the changes should be less but still have to have acceptance by the Public to the new business model. 

In Flordia, the state standard, included in many contracts and disclosure forms as well as the normal business model for most Brokers will require significant change and acceptance by the Public for Buyer paid fees. 

Transaction Representation is similar to Dual Agency but Dual Agency is not allowed by law. Even a Single Agent must change if the Broker is on both sides of the transaction. All listings belong to the Broker and thus a Broker can not have two opposing Single Agency agreements in one transaction. 

of course they will.  And I don't see it actually happening.

So buyers will just go straight to the listing agent and not pay any additional commission?  Or will Dual agency commission be charged the buyer? Am not sure how this will work.  Probably go back to the old way with no buyer representation.   

Out of pocket versus in the price and leveraged will change how a buyer can buy. Think you have seen pressure on cutting commissions in the past, get ready for the straight razor!

I don't charge my buyers.  I take what the listing Broker is willing to split.

Richie Alan Naggar,

I spoke to an agent in my area who is dealing with something similar. The Buyer does not want representation and the Seller will not pay the other sides commission.

I still think most sellers will continue to pay at least 5% in order to attract buyers, or they will offer a flat fee like " Seller paying $5000.00 to whoever brings me a qualified buyer "

It took about three years for commission expectations to change from six percent to five percent.  It took another five years for five percent to become the generally accepted normal rate.  I think the same thing will happen with Buyer paid commission.  Agents that charge their buyer will suffer for many years but it will eventually become the normal accepted practice. It should take about ten years to happen.

 I have always thought that this a strange business model:  "I work for you, but I'm paid by the other side"....!!! 

I'm sitting back and watching it all.  I suspect change will eventually come, for now it is business as usual. And in the interest of buyer representation, I suspect the change will be another form added to the pile. 

We need to show our value, and when we do, the clients gladly pay.

I am no longer active Richie Alan Naggar BUT I can tell you for sure they will balk at it as that is how I used to present FSBO's and they had a very negative reaction to that.

Buyers will feel a 50% increase in their Closing Costs if they must now pay for their Agent . This will force Fannie , Freddi , FHA, VA and USDA to increase Buyers Allowable Closing Cost to go from 6% to 9% ( to pay a Buyer Ageny)

Depends on the buyer. The times I've had buyer pay me it's been fair and no complaining.

I don't anticipate changes.