It can vary but the traditional rate is 6% split evenly between the seller's agent and buyer's agent.
A real estate agent helps home owners sell their homes. They also help buyers communicate with other real estate agents when they have an interest in a home.
If a person has an active real estate license, they also have a broker. Having a real estate license without placing it with a brokerage means the license is inactive. In selling his/her home, a person with an inactive license would have to disclose having a real estate license, and then do a For Sale By Owner. A person with no real estate license can sell a home as a FSBO.
If the real estate agent is unlicensed than they are not a real estate agent. If someone is seller their own home they can show their property or designate someone over 18 year of age to show their home. By law an unlicense individual are not allow to enter properties without a licensed real estate agent.
Real Estate
A situation in a given area where there has been more real estate construction than the market can absorb within a reasonable time.
No, they will charge the seller a fee based on the price of the house.
Zillow does not charge a fee. It generates revenue by selling advertising on its website. According to its homepage, "Zillow is a free online real estate marketplace that provides information on every aspect of real estate, including home buying, home selling, homeownership, mortgages, and rentals."
A Broker-In-Charge is basically the supervisor or manager of the real estate office. By law, every real estate office must have an appointed Broker-In-Charge, also called a BIC for short.
In the US, states are in charge of the licensing requirements for real estate agents. There are currently no states which require a college degree to obtain a real estate license.
The normal way to is to contact a real estate sales company who will list and advertise your home for sale. They will find prospective buyers and help you move through the sale process. They do charge a percentage of the sale price for a fee.
A real estate agent helps home owners sell their homes. They also help buyers communicate with other real estate agents when they have an interest in a home.
5 percent
Before buying a home, have the title examined by a real estate attorney.
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.
PA real estate provides real estate services in Pennsylvania. This includes helping one sell a home, purchase a home and having agents around to discuss issues.
The real estate agent is the person who collects a commission on the sale of the real estate not the estate representative (executor/administrator). Generally a person who fills both roles, attorney for the estate and executor, can charge for both services.
No