Absolutely, although sometimes it is at a lower rate than for a resale.
In US residential real estate the Seller pays the real estate agent's commisssion.
Imediately after the close of escrow
Call your local Real Estate Board of Commission...each state is different.
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.
that completely depends on the agreement between the broker and the agent.
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.
Nothing. They work on commission.
Standard commission in the US is 3% to selling agent, 3% to listing agent. The seller pays the commission.
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.
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In most States the corporation would need to be a real estate licensee. Check with your State real estate licensing agency.