I used to have an agent. He was a nice guy, very smart. In fact, he was a Harvard Law School Graduate with anexcellent reputation. If someone was going to represent me, why not him?
When I signed with my agent I assumed our interests were aligned. The more I made, the more he’d make. It wasn’t until the relationship was real that I realized how wrong I was.
I have discussed this with a few friends in the business over time, but had never seen my concerns espoused in print, until today and an article in the Sunday New York Times.
This particular example is real estate agents, but the idea is exactly the same.