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Can a real estate brokers commission rate vary?
Yes, the commission that a real estate broker earns can vary depending on the type of broker and his or her contract. Many brokers can even waive their commission in some cases.
What is the average real estate commission percentage in Tennessee?
What's the average real estate commission
What does mlc stand for in real estate?
MLC stands for Medical Licensing Commission in Real Estate.
What status of your Nevada license allows you to sell real estate for a commission?
To sell real estate for a commission in Nevada, you must hold an active real estate license. This involves completing the required pre-licensing education, passing the state licensing exam, and maintaining good standing with the Nevada Real Estate Division. Additionally, you must adhere to all state regulations governing real estate practices. An inactive or expired license does not permit you to engage in real estate sales for commission.
When is a real estate agent due a commission?
Imediately after the close of escrow
How do you find the commission rate?
How you find the commission rate varies depending on the job. Some jobs pay a commission of 10% of total sales while some have commission that is on a sliding scale. In real estate, the realtor makes a commission from each sale. You can ask what the rate is prior to hiring the real estate agent.
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.
Can a real estate brokers commission rate vary?
Yes, the commission that a real estate broker earns can vary depending on the type of broker and his or her contract. Many brokers can even waive their commission in some cases.
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.
What is the average real estate commission percentage in Tennessee?
What's the average real estate commission
How is the market for Louisville real estate?
"The real estate market in all cities is dropping because of the economy. Louisville is included in these real estate statistics, value is dropping too."
What real estate companies are located in Louisville?
"There are many companies located in Louisville, Kentucky to help with all your real estate needs. Reynolds Lofts, Milestone Realty Consultants, Bronner Realty, Keller Williams Realty and Louisville Real Estate are just a few of the many real estate companies located in Louisville."
Can a real estate broker waive his commission to another person?
A real estate broker can waive a commission at will.
What is the current Colorado real estate commission?
The current Colorado real estate commission manages the exams for real estate brokers and salespersons before giving them a real estate license. The commission also keeps brokers informed of changes in real estate laws, forms and regulations.
What is the realtor's commission rate in Minnesota?
There is no standard realtor commission rate. These are negotiable--always. The Department of Justice has nailed the real estate profession on anti-trust violations for trying to maintain a standard rate.
What is the commission rate typically charged by a real estate agent on a 1 million dollar home sale, and how much would that equate to in terms of their earnings?
The commission rate typically charged by a real estate agent on a 1 million dollar home sale is around 5-6. This would equate to earnings of 50,000 to 60,000 for the real estate agent.
What is the ave commercial real estate commission rate in Alabama for properties selling between 250000-500000?
In Alabama, the average commercial real estate commission rate typically ranges from 5% to 6% for properties selling between $250,000 and $500,000. This rate may vary based on factors such as the property's location, the complexity of the transaction, and the specific agreement between the seller and the broker. It's important for sellers to discuss and negotiate commission rates with their real estate agents.
