How do real estate agents get paid?
From Zoocasa ” Ask the Pros”
Q ….How do real estate agents get paid?
This is another “Backwards to First impressions” aspect of life ( and Buying/Selling Real Estate is the Quintessence of Life).
In a Seller’s market, Buyers pay a premium over the Seller’s net price objective which covers the commission.
In a Buyer’s Market, Buyers are negotiated to the highest price possible and the Seller gets it’s net proceeds after deducting the commission.
In both markets (in 95-99% of the transactions) the Buyer pays one “all-in” price on the agreement of Purchase and sale and the commission is paid from that sale price to the Brokerage(s).