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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?
S3ys3y
7500
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∙ 13y ago
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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
What is the average commission percentage made by real estate agents?
Its depend upon brokers, generally a real estate agent receives 10 to 40 percent of buying or selling money.
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 does a real estate agent make per hour?
Nothing. They work on commission.
When does real estate agent earn commission?
The real estate agent earns the commission for selling a home or for representing a buyer who has a completed the purchase and sales agreement and ultimate closing on a piece of real property. The commission is paid to the broker of record at the closing, or settlement in some states, has occurred.
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
What is the average commission percentage made by real estate agents?
Its depend upon brokers, generally a real estate agent receives 10 to 40 percent of buying or selling money.
Who usually pays a real esate agent a commission?
In US residential real estate the Seller pays the real estate agent's commisssion.
When is a real estate agent due a commission?
Imediately after the close of escrow
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 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.
My real estate agent not returning my escrow deposit.How long a real estate agent can hold the escrow deposit?
Call your local Real Estate Board of Commission...each state is different.
How much does a real estate agent make per hour?
Nothing. They work on commission.
When does real estate agent earn commission?
The real estate agent earns the commission for selling a home or for representing a buyer who has a completed the purchase and sales agreement and ultimate closing on a piece of real property. The commission is paid to the broker of record at the closing, or settlement in some states, has occurred.
Does a real estate broker still have to pay a commission to a real estate agent if they change offices before the transaction closes?
that completely depends on the agreement between the broker and the agent.
How much does a real estate agent make a week?
Selling real estate is a commission based profession. Real estate agents get paid when they close on homes, they do not get a regular weekly or monthly income. The amount of the commission paid at closing is negotiated by the seller and the listing agent at the time of listing the home.
What percentage of a real estate agent's commission typically goes to the broker?
the commission belongs to the broker not the agent; question should read "WHAT PERCENTAGE OF THE BROKERS COMMISSION GOES TO THE AGENT" It varies from brokerage to brokerage, depends upon the broker -agent contract, could be 50% or less or could be a flat fee.
