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How do real estate agent fees and commissions work?
In this do-it-yourself digital age, home sellers and buyers alike might wonder if they really need real estate agents — or, more precisely, if they need to pay agent fees. Just how crucial are these ...
Due to a recent lawsuit, sellers will soon no longer be required to pay for their buyer’s agent’s fee. This may open the door to morecompetition and negotiation ...
A bombshell settlement by the National Association of Realtors last week has the potential to upend longstanding real estate commission practices, leaving many agents and their brokers in the Twin ...
Selling your home is a large transaction that can involve a lot of negotiation. That doesn't only include talking the price and other terms with a potential buyer — you can also negotiate with your ...
Hampton Roads agents say they don’t expect drastic shifts in how real estate commissions work after a major national trade group announced several changes to its current system. The changes are ...
The decades-long practice of property owners paying real estate commissions is being seriously challenged in courts nationwide and the legal fallout could dramatically change how much money buyers and ...
Real estate agents earn a commission when a transaction closes, typically ranging from 2.5 to 3 percent of the home’s sale price. Each agent’s rate — and who pays it, buyer or seller — is negotiated ...
In a real estate transaction, there’s always some level of negotiation. If you’re the seller, you face haggling not only with prospective buyers, but also with the person you’re working with to seal ...
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