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

What Real Estate Company Charges the Least Commission?

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What Real Estate Company Charges the Least Commission?

Real estate commission fees are some of the hidden costs associated with selling a property. Fortunately, there are many low-cost and flat-fee options if you want to save money. Curious to know what real estate company charges the least commission? … Read more

published on January 15, 2021

How Can I Avoid Paying REALTOR Fees?

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How Can I Avoid Paying REALTOR Fees?

The average 5-6% real estate commission is a hefty fee to pay for many. If you are not getting a good return when using a REALTOR to sell your property, why use them? However, if you’re asking yourself how you … Read more

published on January 12, 2021