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The traditional way of buying and selling central Ohio homes will undergo a ... of home sellers paying commissions for both the seller's and the buyer's real-estate agents. In central Ohio, the ...
The settlement with the Realtors' association ended guaranteed commissions but could impose new costs on buyers already ... to sell a property is 2% to 3%. ... in lieu of paying buyer agents’ fees.
Sell to a cash homebuyer: Selling directly to a homebuying company, whether it’s a small local operation or a national chain like We Buy Houses, is another way to reduce your closing costs ...
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 ...
The listing broker may offer buyer agents a portion of their commission as an incentive to find buyers for the property. Payment is required if real estate brokerage service was used. This is often one of the largest closing costs. Mortgage application fees, paid by the buyer to the lender, to cover the costs of processing their loan ...
In essence, Flat Fee MLS listings are a logical progression of reduced-cost selling alternatives to property owners who are comfortable with managing part or all of the selling process, who believe the MLS will effectively "advertise" their property, and who are willing to pay a buyer's broker a commission.
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