Richard Harless
Do Sellers Pay 6%?
Do Sellers Pay 6%?
Selling your home usually involves engaging the services of a realtor. These are the property sales gurus who know the market and can walk you through the entire process. Realtors charge a commission for the services, which is typically a 6% that comes out of the final selling price. However; there’s often a debate regarding … Read more
Which Real Estate Company Has the Best Commission Split?
Which Real Estate Company Has the Best Commission Split?
Like many sales positions, realtors and agents rely on commissions for a living. However, not all commission splits favor clients. It’s informative to know which real estate company has the best commission split for homebuyers and sellers, so you’ll know which commission model to choose to maximize property earnings. Which Real Estate Company Has the … Read more
What Percentage Do Most Realtors Charge?
What Percentage Do Most Realtors Charge?
With agents making money through commissions, what percentage do most realtors charge? To better understand, let’s go over the process of how realtors get paid and how they come up with commission percentages. What Percentage Do Most Realtors Charge? On average, realtors charge a 6% commission fee of a property’s sale price. While the exact … Read more
Who Sets Real Estate Commission Rates?
Who Sets Real Estate Commission Rates?
Commissions are among the most debatable factors in real estate, which begs the question, who sets real estate commission rates? For this reason, it’s crucial to understand who determines commission charges so that you know how much to pay and score the best value service for your property. Who Sets Real Estate Commission Rates? While … Read more
Is It Normal For the Buyer to Pay Closing Costs?
Is It Normal For the Buyer to Pay Closing Costs?
While purchasing a property, buyers often incur additional charges called closing costs. These include paying any remaining mortgage fees or taxes owed to complete the sale and deed transfer from one party to another. These aren’t typically included in the listed price, so these might come as extremely surprising if you were unaware beforehand. Is … Read more
Are Real Estate Commissions Deductible From Capital Gains?
Are Real Estate Commissions Deductible From Capital Gains?
More and more people put up properties for sale these days, and they are required to pay a commission. As with any average person, you want to minimize costs when selling property so that you make as much capital gains as possible while minimizing the total tax burden. So, is there a way to get … Read more
Are Real Estate Commissions Included in Cash to Close?
Are Real Estate Commissions Included in Cash to Close?
It’s important to be financially prepared when buying a property. With several things to pay to complete a transaction, are real estate commissions included in cash to close? We’re going to discuss what cash to close means, how to estimate and how to pay for it. Are Real Estate Commissions Included in Cash to Close? … Read more
Do Realtors Always Get 6%?
Do Realtors Always Get 6%?
Commission rates take a chunk out of your money. Whether you’re planning to buy or sell a property, you might be thinking, do realtors always get 6% of the selling amount? We’re explaining everything about the commission rates of realtors and how you can save money by skipping 6% rates. Do Realtors Always Get 6%? … Read more
How Are Realtor Fees and Closing Costs Calculated?
How Are Realtor Fees and Closing Costs Calculated?
Realtor fees and closing costs may get a larger chunk of your total home sale price than expected if not estimated correctly. Homebuyers and sellers often wonder, how are realtor fees and closing costs calculated? We’re sharing what makes up closing costs and realtor’s fees, as well as how to calculate them correctly. How Are … Read more
Are There Closing Costs as a For Sale By Owner?
Are There Closing Costs as a For Sale By Owner?
If you’re considering selling a house yourself, you might be thinking, are there closing costs on a for sale by owner method? We’re breaking down closing costs on FSBO to help you understand how it works and see if this is the ideal process to sell your property. Are There Closing Costs as a For … Read more