Tokyo’s realtors, real estate agents and brokerages conduct business in the same manner as in most countries, except the property owner only pays the commission for seller representation while the buyer has to pay the agent for representation. In Tokyo it is not illegal for the listing broker to represent buyers, but it’s not the norm (read: huge conflict of interest) as most buyers want an advocate looking out for their best interests.
One could try to negotiate with the selling broker to lower their percentage for getting both ends. Laws and tradition make this virtually impossible and most brokers representing buyers do not want to shortchange their clients, after all they should, ethically and legally, be looking at getting the most return and the best conditions for their clients.
We would be happy to set up a custom search for you, and send you details by scanning various documents on real estate listings by email attachments (PDF files). Please note we will not perform such services unless we get an exclusive representation agreement (can be for a specified period) signed before any such search and after initial consultation.
