Do Sellers Pay 6%?

Realtor discussing about commission fees with his clients

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?

Small house wood carving and a stack of coins

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?

Client having a meeting with a real estate broker

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?

Realtor and client shaking hands

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?

Woman in pink shirt holding a key

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 Included in Cash to Close?

Person calculating real estate fees on a desk

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%?

Person counting dollar bills

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?

A calculator and notepad placed on top of dollar bills

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?

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

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