Real estate agents don’t earn a salary. Instead, they generally make money through commissions, getting paid only when a deal closes. This means they can work with a client for months without ...
How much is a real estate agent commission—and who actually pays it? These are common questions among homebuyers and sellers navigating a real estate transaction, and the answers have changed recently ...
When Dana McMahan sold her home this spring, she decided to try to maximize her take-home profit by skipping out on the help of a full-service Realtor. Traditionally, home sellers in the US have been ...
Thanks to a recent court settlement, the real estate industry is teetering on the edge of a significant transformation. This change is poised to revolutionize how real estate commissions are handled, ...
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) Commissions paid to real estate agents representing buyers have remained essentially unchanged since new rules on commissions went into effect on August 17, ...
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 ...
The real-estate industry just went through a historic shift that will fundamentally change how agents are paid for helping people buy and sell homes. The new rules, which went into effect on Aug. 17, ...
A landmark legal settlement governing real estate commissions takes effect in a matter of days. Nevertheless, Nicholas Rosen of Castro Valley is still having a hard time getting agents to explain what ...