HOW DO REAL ESTATE AGENTS GET PAID?

How do real estate agents get paid?

 

 

From Zoocasa ” Ask the Pros”

Q ….How do real estate agents get paid?

A….Robert Ede 

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).

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One thought on “HOW DO REAL ESTATE AGENTS GET PAID?

  1. Pingback: 40+ “nobody ever explained it like that” Answers to Realty Questions (from my Nov 19/13 Post) —a revived tradition #UncleBobExplains | unclebobexplains

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