Who Sets Real Estate Commission Rates?

Realtor and client shaking hands

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 … Read more

published on July 28, 2021

Is It Normal For the Buyer to Pay Closing Costs?

Woman in pink shirt holding a key

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 … Read more

published on July 28, 2021

Are Real Estate Commissions Deductible From Capital Gains?

A person filling out a tax form

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 … Read more

published on July 26, 2021

Are Real Estate Commissions Included in Cash to Close?

Person calculating real estate fees on a desk

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 … Read more

published on July 16, 2021

Do Realtors Always Get 6%?

Person counting dollar bills

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 … Read more

published on July 5, 2021

How Are Realtor Fees and Closing Costs Calculated?

A calculator and notepad placed on top of dollar bills

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, … Read more

published on June 19, 2021

Are There Closing Costs as a For Sale By Owner?

Hand holding a house key and a tiny house model on a table

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 … Read more

published on June 19, 2021

Are Buyers Agent Fees Tax Deductible?

Hand on a pile of tax documents

Are Buyers Agent Fees Tax Deductible?

If you’re looking for a potential buyer to sell your house, keep in mind that selling property allows tax deductions. As 2018 introduced some new tax codes or tax cuts, it has changed certain regulations and rules for homeowners. However, rest assured that if you’re … Read more

published on May 31, 2021

Does Zillow Take a Commission?

An aerial view of a neighborhood

Does Zillow Take a Commission?

For many sellers, the idea of listing a property, scheduling an open house, and decorating it seems overwhelming. Even if your property on sale is spotless, selling it can be a time-consuming and tedious process. That’s where popular online real estate marketplaces like Zillow come … Read more

published on May 31, 2021

Is Zillow a MLS?

Woman using a laptop to look for real estate listings

Is Zillow a MLS?

Zillow, as one of the most-visited real estate websites in the US, offers consumers an on-demand experience for buying, selling, financing, and renting homes. It allows seamless and transparent end-to-end service. Like multiple listing services, dozens of realtors rely on its market across the country. … Read more

published on May 31, 2021