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The researchers say that steering is “a key reason why (real estate) agent commissions have remained high in the internet era, even as commissions in other industries have plummeted.”
A real estate broker typically receives a real estate commission for successfully completing a sale. Across the U.S, this commission can generally range between 5-6% of the property's sale price for a full-service broker but this percentage varies by state and even region.
Since the agent is representing the buyer, not the seller, the seller may hire an attorney to review the transaction and ensure all required disclosures are made. Flat-fee and hourly home selling. Alternatively, a home seller can either pay a flat-fee or hourly fee to a real estate agent. This can be a one time payment, or an ongoing hourly ...
Realtor.com is operated by the real estate network Move, Inc., [2] which is owned by News Corp. [3] Ryan O'Hara served as chief executive officer (CEO) of both realtor.com and Move until June 18, 2019. [4] Following the announcement of O'Hara's departure, News Corp's President of Global Digital Real Estate Tracey Fellows was named acting CEO in ...
Pros of buying a family member’s home. Commission savings: If you and a trusted family member agree to a sale, you might be able to eliminate the need for real estate agents.Considering that the ...
The LaBianca house sold for $1.9 million. Columnist Tim Rowland looks at how you sell a house that was once a Manson Family murder scene.
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