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At times, real estate agents may be present, still dealing with customers directly from the web. Real estate agents often profit by absorbing a certain percentage of the final sale or rent price as commission. There are cases where commission percentage hits a figure of 6% in America. [7] Internet real estate reduces the cost of an agent and ...
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The typical commission on a real estate transaction totals somewhere between 5 and 6 percent of the home’s sale price, split evenly between the listing agent and buyer’s agent.
In January 2017, REA Group acquired 14.7% of digital real estate marketing platform, Elara Technologies (Elara). [ 12 ] In June 2018, the company acquired 100% of Hometrack Australia, [ 13 ] a provider of property data services to the financial sector.
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