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Q: A real estate broker sold your house for 189 000 The broker's commission was 4.5 of the selling price How much would you get for the house after the commission is paid?
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Can a real estate brokers commission rate vary?

Yes, the commission that a real estate broker earns can vary depending on the type of broker and his or her contract. Many brokers can even waive their commission in some cases.


A real estate broker sold your house for 72000 the brokers commission was 6 percent of the selling price how much would you get for the house after the commission is paid?

67680


What is the meaning of brokers protected?

The term Brokers Protected means that the particular party (usually someone selling real estate) is willing to work with someone (a broker) to sell the property, in exchange for a commission of the sale price. In other words, the seller is just stating that he is ok with a broker contacting him and offering to market the property. They also sometimes use the phrase "Brokers Welcome" or "Broker Sought".


Dose a real estate broker go to closing?

Most real estate brokers show up at the closing with their hand out ready for their commission check.


Does the buyer have to pay real estate commission to the broker?

Officially the seller pays the broker commission. However, ultimately it is paid by the buyer, since the commission is related to the selling price.


A real estate broker sold your house for 189000 The broker's commission was 4.5 percent of the selling price How much would you get for the house after the commission is paid?

$180,495


How much is a real estate brokers and agents commission and how is it split?

RE commission is between 4% and 6% usually. The amount ( say 6%) is what is "split" between the listing broker and the agent who brings the deal to the broker.


Can a real estate broker waive his commission to another person?

A real estate broker can waive a commission at will.


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.


Who is sub brokers?

A sub broker is intemediatery channel of Broker who serves the services of its broker to clients and gets some commission. Sub broker of Stock Market, commodity market currency ,IPO M.F , Insurance ,real estate etc


A real estate broker sold your house for 72000 The broker's commission was 6 percent of the selling price How much would you get for the house after the commission is paid?

$72,000x6% = $4320 (commission)$ 72,000-4320= $67,680. You would get $67,680 from the sale of your house after paying the commission.


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.