Real estate agents earn a commission when a transaction closes, typically ranging from 2.5 to 3 percent of the home’s sale price. Each agent’s rate — and who pays it, buyer or seller — is negotiated ...
How much is a real estate agent commission—and who actually pays it? These are common questions among homebuyers and sellers navigating a real estate transaction, and the answers have changed recently ...
The National Association of Realtors (NAR) agreed to new rules around real estate commissions as part of a lawsuit settlement in March. As of August 17, they’re actually rolling out — and consumers ...
When Dana McMahan sold her home this spring, she decided to try to maximize her take-home profit by skipping out on the help of a full-service Realtor. Traditionally, home sellers in the US have been ...
When buying or selling a home, some of your costs are unavoidable and carry a fixed fee. Many, however, can be negotiated. If you are a buyer, you may get a lower mortgage rate and you can work with ...
Starting on Aug. 13, most Southern California home shoppers will need to sign contracts with agents to view properties for sale, binding them to paying their own commissions if they can’t get a seller ...