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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.

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Q: How much do i have to pay a real estate agent for finding me a home?
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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 commission would a real estate agent in Tennessee make off a 300000 home sale?

I would estimate anywhere from $3,000 - $7,000 depending on the commision percentage.


How much does a real estate home stager earn?

$259


Why do you choose to be a real estate agent?

Not even close to just driving purchasers around or placing available signs in yards, the daily routine of a realtor involves a lot of interactions with title companies, other agents, brokers, lawyers, home personnel, appraisers and much more. Plus there is the marketing and documents activity to finish it off.


How did internet help real estate?

The internet has made it a lot easier to research the real estate market. You can see what's on the market and how much property costs in various locations. With the internet, you can begin your search from a distant location from the comfort of your home or office any time you want. If you're looking to buy, the internet also makes it easier to start a relationship with a broker, especially if you're not in the area where you're looking to buy. And if you're selling real estate, the internet gives you a wealth of marketing options to showcase your property. According to the National Association of Realtors, "Nine out of 10 home buyers use a real estate agent in the search process, but use of the Internet to search for a home has risen dramatically over time, increasing from only 2 percent of buyers in 1995 to 77 percent in 2005; it was 74 percent in 2004."

Related questions

How much is a typical salary in the field of home real estate?

A typical salary in the field of home real estate was $54,410 back in 2008. This varies depending on how many sales the real estate agent makes.


Where can one find information for home buyers?

One can find information for home buyers from the local estate agents, another source would be online, which will go into much greater detail than the estate 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 in san Diego?

The average annual income for a real estate agent in San Diego is $77,000. The average annual income for a real estate agent in Des Moines is $71,000.


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 can a real estate agent help you in buying a home?

A real estate agent is an individual who represents you in the home buying process. Your realtor will set up home viewings on your behalf, give you information on houses that pique your interest and help you negotiate the best price on the home you would like to purchase.


If one needs to get a home appraisal where would one go to find information on it?

Home appraisals can usually be performed by a local estate agent. In order to get an accurate approximation of how much the residence is worth, it may be best to use more than one agent.


How much is john mcgrath real estate agent worth?

$165m AUD


How much does a real estate agent make in California?

Nearly $8000000000 a minute


How much equity loans do you have on your house?

Equity loans vary from owner to owner. To see how much equity loans you have on your home, you need to contact your real estate agent or broker. They can then give you the specifics on your equity.


How much does a real estate agent make per hour?

Nothing. They work on commission.


How much commission would a real estate agent in Tennessee make off a 300000 home sale?

I would estimate anywhere from $3,000 - $7,000 depending on the commision percentage.