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Normally in the United States when a property seller lists his/her property, the contract calls for a percentage of the eventual selling price to be deducted from the seller's proceeds as the sales commission. None of the commission is added to the buyer's costs. The most standard deal is probably a 6% commission deducted from the seller's proceeds and split half-and-half between the selling side and the buying side, so the buyer's agent would get 3% of the selling price.
Everything is negotiable. The percentage can be changed (say 5%) the split can be changed (say 3%/2% to listing agent/buying agent), and concessions can be negotiated. Either agent may credit back part of his commission to the seller or to the buyer, or agree to pay certain items out of their commission, in order to close the deal.)
What else can I help you with?
What are the advantages to hiring an estate agent to manage property?
Real Agent agents can take much of the hassle out of selling a piece of property and can usually find prospective buyers as well.
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.
Are you obligated to pay your realtor a fee if you buy a home for sale by owner?
Yes, if the agent is a Buyers agent and you have a signed contract with the agent.
What is the percentage of a realtor commission today?
Although the typical commission rate is 7% for Residential and 10% Commercial there is no set commission rate, it all depends of the amount of work you want the agent to do (advertising, paperwork, ect.) and how much incentive you want to give the buyers agent which makes your house desirable for agents to show, also the agent does not get all of the commission, it is divided between the agent his broker the buyers agent and his broker plus advertising.
Does a special agent in charge out rank a special agent?
no
How much does an agent charge?
An agent [depending on what type of agent he/she is] charges an individual depending on the type of service he/she had rendered and on the result or quality of the task or duty he/she have finished in regards to the details given to him by the individual looking for his/her service as an agent.
How much does an acting agent charge?
An agent gets 10% of whatever you make. That means nothing until you make something. So be very careful if an agent is asking for money upfront. They are not legit.
How much is the passenger movement charge in Australia?
$38 and is usually included in the ticket price by the travel agent
What does an Apparel Sourcing Agent do?
an apparel sourcing agent will do the following findout right vendors - competative and quality manufactorers negotiating the price for buyers all type of approval should be done on behalf of buyers right time execution
What does a real estate agent do for their clients?
A estate agent is responsible for different tasks. Sellers and buyers of the properties have their own requirements and terms and conditions, and a estate agent has the responsibility to make their clients satisfied with their works. Estate agents have to search the property for their buyers and have to search the best buyer for their seller clients.
What are the names of all the Lego agents?
Agent Trace, Agent Chase, Agent Swift,Agent Fuse, Agent Charge, and Agent Swipe
How can you find real estate buyers in Ottawa?
To find real estate buyers, one needs the right real estate agent. After acquiring a professional agent, then one must put up signs for the estate being sold and ads online for it.
