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Commission rates are not fixed and are negotiable but generally range from 5% to 7% of the sales price. The commission is usually split between the buyer's agent and the listing agent, unless only one agent is involved. real estate commissions and transactions vary from state to state, broker to broker and even locations within states can be different. Obtain the information in the local market to be precise.
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A real estate broker sold your house for 72000 the brokers commission was 6 percent of the selling price how much would you get for the house after the commission is paid?
67680
Do real estate brokers make base salary and commission?
Brokers make a percentage of what they sell or what their agents (if any) sell.
What is the average commission percentage made by real estate agents?
Its depend upon brokers, generally a real estate agent receives 10 to 40 percent of buying or selling money.
How much is a real estate brokers and agents commission and how is it split?
RE commission is between 4% and 6% usually. The amount ( say 6%) is what is "split" between the listing broker and the agent who brings the deal to the broker.
How much does a real estate agent make per hour?
Nothing. They work on commission.
