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Real Estate Agents - Commission Questions
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Kara
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Member since 3/07 13217 total posts
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Real Estate Agents - Commission Questions
(1) What is the normal commission for the sale of a home? 6%? 5%?
(2) How is the commission split between a buyer's agent and a seller's agent? Is it usually 50/50?
Thanks! 
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Posted 7/12/07 1:03 PM  |
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Beth
The Key to your new home....
Member since 2/06 24849 total posts
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Beth
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Re: Real Estate Agents - Commission Questions
I am not an agent- but If the comission is 5%
then it's 2.5% for the buyers agent- which is split with the owner of the agencey
same with the sellers agents split
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| Posted 7/12/07 1:49 PM |
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Kara
Now Zagat Rated!
Member since 3/07 13217 total posts
Name:
They call me "Tater Salad"
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Re: Real Estate Agents - Commission Questions
Okay, so it's split down the middle. I'm not worried with how it is handled with the individual agencies - just wanted to know if half goes to seller's people and half to the buyer's... THANKS!!
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| Posted 7/12/07 1:52 PM |
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lise
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Member since 6/07 272 total posts
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Re: Real Estate Agents - Commission Questions
im an agent.. usually commission is 4% with buyer/seller 50 and broker/broker 50 although if the agent is doing very well the commission could be 60/40 to 90/10 depending on the agency.
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| Posted 7/12/07 3:24 PM |
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Kara
Now Zagat Rated!
Member since 3/07 13217 total posts
Name:
They call me "Tater Salad"
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Re: Real Estate Agents - Commission Questions
Posted by lise
im an agent.. usually commission is 4% with buyer/seller 50 and broker/broker 50 although if the agent is doing very well the commission could be 60/40 to 90/10 depending on the agency.
I'm an attorney, but hold a real estate broker's license. I will be representing myself and my FH in the purchase of our home. I was just curious if my commission as buyer's agent would be half of the total commission... sounds like that would be right.
Thank you so much!
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| Posted 7/16/07 4:46 PM |
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alnem
This is gonna be a good year!
Member since 2/06 9562 total posts
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Emily
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Re: Real Estate Agents - Commission Questions
Posted by Kara
Posted by lise
im an agent.. usually commission is 4% with buyer/seller 50 and broker/broker 50 although if the agent is doing very well the commission could be 60/40 to 90/10 depending on the agency.
I'm an attorney, but hold a real estate broker's license. I will be representing myself and my FH in the purchase of our home. I was just curious if my commission as buyer's agent would be half of the total commission... sounds like that would be right.
Thank you so much!
if thats the case, you need to see what the buyers agent commission is at the bottom of the listing. it varies from listing to listing.
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| Posted 7/16/07 11:38 PM |
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