How Are REALTOR Fees and Closing Costs Calculated?

closing costs calculated

How Are REALTOR Fees and Closing Costs Calculated?

When home sellers calculate the amount of money they anticipate making from the sale of their home, they usually forget to factor in REALTOR fees and closing costs. However, it’s important to include these costs into the sale price as … Read more

published on May 13, 2021

Flat Fee Real Estate Phoenix Laws

Phoenix house up for flat fee real estate sale

Flat Fee Real Estate Phoenix Laws

Real estate agents working in Phoenix are required to abide by several state laws as noted by the Department of Real Estate. If you are a prospective homebuyer, familiarizing yourself with applicable flat fee real estate Phoenix laws will help … Read more

published on May 10, 2021

Real Estate Commission: How Much Does a REALTOR Make on a sale?

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Real Estate Commission: How Much Does a REALTOR Make on a sale?

If you sell or buy a home, how much does a involved REALTOR broker make on a sale as commission? That’s why understanding how commissions are calculated is important as it will help you figure out the estimated price of … Read more

published on May 10, 2021

Are There Closing Costs on a For Sale By Owner?

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Are There Closing Costs on a For Sale By Owner?

When you sell your house by yourself, it might seem like you’re saving a lot of money given the hefty size of the standard 5%-6% agent’s commission. However, there are costs you might have to incur and end up eating … Read more

published on April 12, 2021

Who Pays the Broker Fee When Buying a House?

Real estate agent giving the house keys to the new owners

Who Pays the Broker Fee When Buying a House?

Many new homebuyers usually think using an agent is free when buying a home. Many real estate brokers also tell homebuyers that their services are free and there are no closing costs buyers incur. So does the buyer pay the … Read more

published on April 12, 2021

List on MLS With Flat Fee REALTOR

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List on MLS With Flat Fee REALTOR

Many homeowners are selling their homes as a For Sale By Owner (FSBO) to save money on REALTOR commissions. However, some of the people that take this route usually wonder: Can I list on MLS without a REALTOR? Let’s find … Read more

published on April 12, 2021

How Much Is the Average Broker Fee?

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How Much Is the Average Broker Fee?

Working with a broker has its benefits: they can negotiate offers on your behalf, market your home and recommend a list price. However; their services come at a cost. If you’re thinking of hiring an agent, you need to consider … Read more

published on March 16, 2021

What Is a Flat Fee in Real Estate?

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What Is a Flat Fee in Real Estate?

Flat fee listing involves paying an inclusive rate that’s determined before closing the sale. Flat fee REALTORs also provide their services for a flat fee versus the traditional percentage-based method, helping you avoid hefty commission rates. So, what is a … Read more

published on March 16, 2021

Can You Negotiate the REALTOR Fee?

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Can You Negotiate the REALTOR Fee?

While there’s no fixed commission rate that real estate brokers charge, the industry standard is 6% of the final selling price. On an $800,000 property, that can add up to $48,000, which is a lot of money. So, can you … Read more

published on March 15, 2021

What Fees Do You Pay When Selling a House?

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What Fees Do You Pay When Selling a House?

Real estate fees can add up to 10% of your property’s sale price after factoring in additional expenses like repair costs. While some expenses are negotiable, you should expect to pay for several costs associated with selling a home. So … Read more

published on February 4, 2021

What Percentage Do You Lose When Selling a House?

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What Percentage Do You Lose When Selling a House?

Selling your house can bring you good returns. However, the numerous costs of selling a house such as moving fees and agent commissions can eat into your profit. So, what percentage do you lose when selling a house?  What Percentage … Read more

published on February 4, 2021

Does Flat Fee MLS Listing Work?

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Does Flat Fee MLS Listing Work?

Several questions might be running through your mind if you’re considering selling your property through a flat fee MLS listing. Although this service can save you money, you may not be sure whether it’s the right choice for your house. … Read more

published on January 16, 2021