0
What else can I help you with?
Can you act as your own real estate agent and still receive commission?
No, you cannot act as your own real estate agent and still receive commission. Real estate agents typically earn commission by representing clients in real estate transactions, so if you are representing yourself, you would not be eligible to receive commission.
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
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.
What is the commission rate for a real estate agent selling their own home?
The commission rate for a real estate agent selling their own home is typically negotiable, but it is commonly around 2-3 of the sale price.
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.
What is the commission rate for a real estate agent selling a million dollar home?
The commission rate for a real estate agent selling a million dollar home is typically around 5-6, which would amount to 50,000 to 60,000.
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.
How much does a real estate agent make per hour?
Nothing. They work on 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.
Who pays real estate broker in Florida?
The seller. Often the real estate commission is paid by the seller as part of the listing agreement. However, real estate commissions are negotiable and depending on the services provided by the agent representing you, there may be other fees in addition or in lieu of a real estate commission. It is strongly recommended that you discuss the issue of fees and commissions at the time you contact a real estate agent to represent you.
