Real Estate
Just 1% writes a buyer agent employment agreement with you for a 1% fee.
They will search and show homes to find you the perfect fit.
When they submit their offer to purchase that home, they ask the seller to compensate them (usually 2.5%-3%)
Any amount above 1% that the seller is willing to compensate goes directly to the buyer, which can be used to buy down your interest rate or reducing your closing costs.