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It is the seller that pays the commission to the agent from the buyers funds.
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∙ 13y ago
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How do you pay a real estate agent when you sell your house?
The seller pays a fee for service to the listing brokerage firm and selling brokerage at closing out if the sellers proceed. The agent is paid by their brokerage on a commission split with the firm.
Who call tell me how to put a bid on a house owned by lasalle bank national associationor how to get information on this home?
Try Lasalle bank or any RE agent in the area and don`t worry, the seller of the home pays the commission to your RE agent.
Difference between sole selling agent and sole buying agent?
they are 2 names for the same thing.
Who pays the loan on my mother's house after her death?
The estate pays the cost to maintain the estate. The house may have to be sold if the mortgage cannot be paid. If someone wants the house, they may wish to pay the mortgage.
What is the process of buying a house?
When buying a house, you need to go to a lender. The lender will then work with you to get everything you need to have done.
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.
What is a sellers agent in real estate and the fees for such?
The selling agent represents the buyer (he/she sells the house).The advantage in working with a selling agent is that they have buyers. One of those buyers may be interested in buying your house.
Do you really need an agent when buying or selling a property in Australia?
There are advantages if you hire an agent when buying or selling a house specially in Australia. One is that an agent can offer knowledge and expertise and you can ensure that your earnings is properly taken cared of, and tenants will pay their rents on time.
Do I need an attorney when I am buying a house from a private seller?
While you do not need an attorney, it is best to have an agent represent you.
Who pays sale tax?
The person who is buying the product pays the sales tax.
The home buying center?
The Home Buying Center is a house buying company there website is http://www.thehomebuyingcenter.com They also sell foreclosure houses cheap. My friend Bob used The Home Buying Center and bought a house way less than through a real estate agent.
Should you use a real estate broker when buying a home?
Always. The service is free to you, as the seller pays the real estate commission. If you aren't real estate savvy you need someone in your corner to make sure you don't miss deadlines and have done your due diligence. Selling a house? I say no, you don't need an agent. But if you're buying, do yourself a favor and get an agent. Below is the original answer, not mine: You don't have to sometimes if you don't the seller can reduce the price of the house more readily because they don't have to pay that extra expense.
Who usually pays a real esate agent a commission?
In US residential real estate the Seller pays the real estate agent's commisssion.
When you and your spouse are buying a house who pays for it?
My husband already owned a house when we got married so i have no problem anymore. It depends on the agreement of the couple in case the house is not paid yet, but the husband should pay more :))
Do you need a real estate agent when buying a house?
It's always wise to have someone who knows about real estate. However, you don't need an agent to buy a house, but I do recommend it unless you are an experienced savvy investor who has done it before.
How do you pay a real estate agent when you sell your house?
The seller pays a fee for service to the listing brokerage firm and selling brokerage at closing out if the sellers proceed. The agent is paid by their brokerage on a commission split with the firm.
Who pays for a termite inspection when buying a home?
The buyer
