A flat-fee listing is a contract with an agent who will list and help you sell your home for a flat-fee, regardless of the price of the house. A flat-fee listing differs from conventional listings, whose commission will increase with higher-priced ho
While conventional brokerages typically sell homes for the standard 6% commission, there are lower alternatives found real with flat-fee brokerages. A flat-fee brokerage is one that charges a regular fee that's fixed rather than a percentage of the s
A buyer’s agent will split the commission with the seller’s agent. Generally speaking, this comes out to a total of 3% commission to the buying agent. While the home buyer doesn’t have to pay the commission outright, the commissions are typical
A traditional real estate agent will charge a 6% commission for selling your home. The 6% commission is generally split evenly between both the listing agent and the buying agent’s commission. So, each agent on either side of the equation will usua
Typically, commissions are based on a percentage of the home’s sale price. On average, homeowners can expect to pay between 4.5 - 6% of the home’s sales price in commission, with 2% - 3% going to the buyer’s agent and the rest to the seller’s
A real estate agent’s commission is the fee paid in exchange for their services rendered to help buyers and sellers with a real estate transactions. Agents are paid by commissions in order to incentivize them to get the best price for a home.