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Traditional wisdom holds that the typical real estate agent’s commission is somewhere between 2.5 and 3 percent of the home’s sale price for each agent involved in the transaction.
Hire a discount agent: A low-commission real estate agent will likely charge much less than a traditional agent would — usually 1 to 1.5 percent of your home’s sale price. (However, you might ...
Over the last few years, the real estate market has been challenging for homebuyers to navigate. High interest rates, skyrocketing housing prices, low inventory and bidding wars have made it nearly...
Flat-fee multiple listing service or flat-fee MLS refers to the practice in the real estate industry of a seller entering into an "à la carte service agreement" with a real estate broker who accepts a flat fee rather than a percentage of the sale price for the listing side of the transaction.
Shutterstock By Leonard Baron Many consumers believe that real estate transaction costs are simply the 5 percent to 6 percent of the sales price that the real estate agent earns as commission.
Here’s are some of the typical costs home sellers can expect: Real estate commissions. If you work with a real estate agent, your agent’s commission will likely be the biggest fee you pay. A ...
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