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2. Low-commission Realtors and discount agents: What’s ... - AOL

   www.aol.com/finance/low-commission-realtors...

   The typical agent commission is between 2.5 and 3 percent of a home’s sale price, but discount agents can charge as little as 1.5 or even 1 percent. ... When using a flat-fee agreement, the ...

3. How do real estate agent fees and commissions work? - AOL

   www.aol.com/finance/real-estate-agent-fees...

   The exact terms of an agent’s commission vary from sale to sale, and can depend on the region and which firm they work for. ... Seller vs. buyer commission. Sellers sign a listing agreement with ...

4. Agency agreement - Wikipedia

   en.wikipedia.org/wiki/Agency_agreement

   An agency agreement is a legal contract creating a fiduciary relationship whereby the first party ("the principal") agrees that the actions of a second party ("the agent") binds the principal to later agreements made by the agent as if the principal had himself personally made the later agreements. The power of the agent to bind the principal ...

5. Law of agency - Wikipedia

   en.wikipedia.org/wiki/Law_of_agency

   An agency is coupled with interest when the agent himself has an interest in the subject-matter of the agency, e.g., where the goods are consigned by an upcountry constituent to a commission agent for sale, with poor to recoup himself from the sale proceeds, the advances made by him to the principal against the security of the goods; in such a ...

6. Listing contract - Wikipedia

   en.wikipedia.org/wiki/Listing_contract

   A listing contract (or listing agreement) is a contract between a real estate broker and an owner of real property granting the broker the authority to act as the owner's agent in the sale of the property. [1] If the broker is a member of the National Association of Realtors, the agreement must include all of the following terms:

7. Agency in English law - Wikipedia

   en.wikipedia.org/wiki/Agency_in_English_law

   An agent who acts within the scope of authority conferred by their principal binds the principal in the obligations the agent creates with third parties. There are essentially two kinds of authority recognised in the law: actual authority (whether express or implied) and apparent authority.

8. Real estate agent - Wikipedia

   en.wikipedia.org/wiki/Real_estate_agent

   Flat-fee real estate agents charge a seller of a property a flat fee, $500 for example, [11] as opposed to a traditional or full-service real estate agent who charges a percentage of the sale price. In exchange, the seller's property will appear in the multiple listing service (MLS), but the seller will represent him or herself when showing the ...

9. Real estate contract - Wikipedia

   en.wikipedia.org/wiki/Real_estate_contract

   If there are any real estate brokers/agents brokering the sale, the buyer's agent will often fill in the blanks on a standard contract form for the buyer(s) and seller(s) to sign. The broker commonly gets such contract forms from a real estate association he/she belongs to.