How much is real estate commission? Typically, real estate commission is 5%-6% of the home’s sale price. In most areas the buyer’s agent receives 2.5%-3% in commission and the seller’s agent receives 2.5%-3% in commission.
· Smart consumers interview potential real estate agents before they decide which agent they want to hire. Just as you’re sizing up the potential for a good fit, the real estate agent will likely be interviewing you, too.
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Where selling your own home (without an agent) could get you the best price – . dollar neighborhoods’ In hotter housing markets where inventory is low and prices are rising, sellers may theoretically find less reason to employ a real-estate agent and pay a commission on the.
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Real estate broker – Wikipedia – A real estate broker or a real estate agent is a person who represents sellers or buyers of real estate/real property.While a broker may work independently, an agent must work under a licensed broker to represent clients. Brokers and agents are licensed by the state to negotiate sales agreements and manage the documentation required for closing real estate transactions.
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Prior to the well-publicized burst of the housing bubble and the resulting real estate crash that began in earnest in 2007, historical housing price data from the National Association of Realtors.