Fair is relative. Some agents will take 1 percent, many will not, and the honest answer is matching the fee to the scope of work. On a new-construction purchase where the builder is not contributing to buyer-agent compensation, you can probably find someone willing to work for 1 percent. Many agents will decline, because after their broker split and taxes the net pay gets thin relative to the time a construction contract takes to shepherd. The scope is real: guiding you through the builder's contract, the addenda, the timelines, the walkthroughs, and the option decisions takes work, and 1 percent of the price may or may not reflect it. If your out-of-pocket budget is limited to a few thousand dollars, be upfront about that number and see who is willing to take it on. Compensation is negotiable, and it belongs in writing before you engage anyone. Our honest view: we would not personally take that rate on a new-construction deal, but that is a preference, not a verdict on what you should pay. Shop a couple of agents, be clear about the limited work you actually need if it is mostly contract review, and match the fee to the scope. The right answer is whatever a capable agent will genuinely do well for the number you can pay.