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How much do you have to pay a buyer agent when you buy a house in US and do you really need one?
Kschan
The SELLER usually pays all the commissions. The buyer's agent usually gets a split of the realestate contracted commission. If the deal calls for a 4% commission, the listing agents gets 2% and the buyer's agent 2%. If you are sellinga home, you would usually pay the buyer's agent some agreed upon amount.
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∙ 16y ago
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How much do i have to pay a real estate agent for finding me a home?
In most states, if not all, the realtor is paid by the seller when the house is sold. The buyer pays closing costs on the home but the seller pays the realtor. Keep that in mind as you are shopping for a house. As you spend time with the realtor you begin to develope a bond but remember, since the seller pays the realtor, the realtor is actually working for the seller. Also, try not to look at more than 6 homes in one day and make notes about likes and dislikes on each home you visit. If you don't, you'll find yourself trying to remember one house from another later that night.
How much real estate commission do new home sales agents earn?
A real estate agent can earn usually from five to ten percent of a commission based on how much the property was sold for. they could earn more or less depending on how much the property is worth and what percentage the owner is willing to pay for the agent to sell his property.
How much can a waffle house franchise make in a year?
1 billion
How much is real estate brokers commission in Ohio?
The normal real estate brokers commission is around 3 percent. Some function as both seller and buyer brokers and make 6 percent.
Why is pricing is important?
AnswerTo indentify how much profit you can make through cost of a production. For price-targetting strategies.To allow trading to occur.It resembles what the buyer values the most.It is required by law to pay the price of your bargain. :-)
If I'm purchasing a house for 25000 how much do i pay my realtor?
Typically the commission is paid by the seller, which the buyer's agent & seller's agent split in half. If you are paying the agent a commission, he or she is getting paid twice. If I were you, I would look for another agent that will accept the commission that is being paid by the seller.
How much money does a real estate agent make for each house they sell?
In most cases, they make a percentage of the sale price (called a commission), and that percentage varies. Usually, both the buyer and the seller have an agent, and both get a commission. If the same agent represents both buyer and seller, he gets a double commission. You should call individual real estate firms to find out how much commission they give their agents.
How much time do you have to move out after selling your house?
That's decided by the buyer and seller.
If a real eastate agent shows you houses for a long time and then you find a for sale by owner should you still pay the real estate agent and how much?
From a legal standpoint, it will depend on whether you signed a Buyer Agency Agreement and what its terms are. In general, though, it's up to your conscience or, if you prefer, sense of fair play. A Buyer Agent doesn't have to show you a house that you want to buy. He/she simply hopes/expects that you'll get him/her to prepare, present, and negotiate an offer on your behalf.
How much is a house sold for?
Whatever the buyer is willing to pay and the seller willing to accept
A real estate agent earns about a 6 commission on each house sold. How much commission would an agent earn on a house that sold for 125000?
7500
A real estate agent earns about a 6 percent commission on each house sold How much commission would an agent earn on a house that sold for 125000?
7500
How much does the agent make off house insurance?
Typically 10% commission.
How much should you pay a real estate agent when buying a house?
Standard commission in the US is 3% to selling agent, 3% to listing agent. The seller pays the commission.
How much is a house cost?
Try to ask a real estate agent in your area or area of your interest.
How much commission does real estate agent earn?
It depends on how many house they are selling and how much does it cost, it is per percentage basis, around 5-10% of the price of the house they able to sell.
How much does a buyer make in a year?
There is no way to tell how much a particular buyer will make in a year. This is completely dependent on the person.
