2 Full Price offers, A reduced commission, and one Unhappy buyer's agent

This is an Ethics case study publish recently in our monthly Texas Realtors magazine. A case about a Seller have to decide betwen two offers presented by the listing agent - both full price contents more or less the same conditions.

Seller ask the Listing Agent for advice which offer to accept, listing agent's buyer or the the one with the other broker ? - The agent naturaly replied its up to the seller since both contracts offers the same net to the seller.

Seller comes back to the Listing agent after realizing that if he accepts the offer from the Listng Agent's buyer, full commission will then be paid to the Lisitng Agent - and negotiate to reduce the commision by 1% stating that if he reduced his commission seller would accept Listing Agent's buyer and pays less commission, he further reason out that this deal would still amount to more profit to the Listing agent but would benefit the Seller.

Listing agent agrees and transaction close.. later the other buyer manage to directly ask the seller why he did not accept his full offer and the seller tells the buyer the truth, next day the Buyer's Agent filed an ethics complain - Alleging that Lising agent's commission reduction had induced Seller to accept Listing Agent's buyer. citing that the commission reduction was in violation of Article 1 as interprested by Standard of Practice 1-6 - and that the Listing Agent failure to inform him of the change in the Listing Commission arrangement.

Hearing follows, both argued their cases - Listing agent defended his fiduciary duties, and that Seller is free to re-negotiate terms of their listing agrement at any time..

THE RESULT : The hearing panel agreed with the listing agent - and concluded that there's no violation of Article 1 or 3 ( View the code of Ethics in the Profe. Standards section of texasrealtors.com)

So what is your opinon if you are the Angry Buyer's Agent ? Is this the right thing to do ?