That is you. You tell the brokers in our Property Profile what commission it is that they will receive when their client buys your home. You set it. If you want our advice it is there for the asking. But one thing is now clear under the law. There is no such thing as a standard fee. That would be price-fixing. You are thus free to set any commission you wish. The only requirement is that the set commission is always reduced by $100 in order to defray the listing agent's closing expenses.

All MLS listing programs require the offering of a commission if a real estate licensee finds you a buyer. If you find a buyer without a real estate licensee, you will owe no commission. The amount of commission is determined buy you the seller. Typical commissions for buyers brokers range between 2.5%-3% of the selling price. See similar questions...

Yes, but in no event will HUD pay selling broker commissions of closing costs. A purchaser using FHA financing through the GNND program may include reasonable and customary closing costs within the amount borrowed. These amounts are not properly considered to be part of a required down payment. See similar questions...

A (non-exclusive) buyer broker is a real estate agent who works at a firm that represents sellers. (Non-exclusive) buyer brokers represent both buyers and seller. See similar questions...

None of my buyers have ever paid for this service. The seller has always paid the entire commission. I use special language to accomplish this in my agreements. See similar questions...

A buyer agent or buyer broker (sometimes referred to as buyer agency or buyers agents) represents the buyer in a real estate transaction. Buyer agency is defined as follows: A principal agent relationship in which the broker is the agent for a buyer, with fiduciary responsibilities to the buyer. What does that mean? It means that a buyer agent is tied to the buyer, and that all of that agent's loyalties are to the buyer. See similar questions...

Not long ago, all brokers represented the seller in a real estate transaction and "let the buyer beware." Today most buyers want a good agent to represent them during a home purchase. A buyer's broker works for the buyer and can show the buyer all properties listed by any broker, for sale by owners, or even properties not currently on the market. See similar questions...

A professional business broker can be helpful in many ways. Brokers can provide a selection of different and, in many cases, unique businesses, including many that buyers would not be able to find on their own. Many buyers end up with a business completely different from the business that they first inquired about. Business brokers are also an excellent source of information about small business and the business buying process. See similar questions...

No. With our flat-fee listing service, you maintain your For Sale By Owner status. Should you find your own buyer, you do not have to pay any commissions to a selling agent. See similar questions...

In order to place your property into the NWMLS data base you must be willing to offer a Buyer's Agent commission. This is a requirement no matter what List On the MLS Flat Fee Listing company you use. Remember, the Buyer's agent commission is only owed if you accept an offer from a Buyer's agent and the sale closes. Only then would you owe the commission and the escrow company will handle all the details. See similar questions...

You are free to offer either a commission or a flat dollar amount. There is a spot on the paperwork where you can list what you prefer. Keep in mind that if other sellers in your area are offering 2.5 to 3% commission and you offer a flat dollar amount or less commission then other sellers you may have fewer showing or in some cases, no showings. Just remember that this is a money industry and the more you offer to the buyers agents the better the showings. See similar questions...

Yes, once you have signed a listing contract, you are contractually obligated to forward all inquiries about your house to your Realtor . If you find a buyer, you will still owe the commission that is spelled out in the listing agreement. It is in your best interest to help your Realtor market your home by telling everybody that the home is for sale.Contact friends, neighbors, co-workers and relatives. See similar questions...

no. You maintain the right to sell your home on you own. If you find a buyer, you will not be obligated to pay a commission on the sale. See similar questions...

Beyond the broker's commission, the seller should be prepared to pay an attorney for his or her review work and legal guidance (ditto for a CPA advising on tax matters). The buyer will face similar costs plus the fee paid to a CPA to review the books and records of the target company. In most cases, closing costs (escrow services) are split equally between buyer and seller, ranging from $600 to over $2,000 per deal, depending upon business size and requested services. See similar questions...

It is most common to see commission offered between 2 and 3%. We have not had a lot of sucess at selling homes with a commission rate of less than 2%. See similar questions...

You, the advertiser, decide how much to pay and which types of commissions. You can setup hybrid programs as well, such as 25 cents per lead and 10 percent of a sale to U.S. members, and only 10 cents per lead to Others, etc... See similar questions...

For many years my buyers obtained nearly 8% off the asking price. My record is consistently much better than the industry average. Between 1999 and 2005 (the hot sellers market), the main goal often was to win my clients' home of choice over other competing buyers, again at a minimum price. The most important thing that I do is to negotiate on my clients' behalf. See similar questions...

No! Some agents will require it, I don't. When we decide to work together, it is a mutual unwritten agreement based on your word and mine. If, for some reason, it is not working out, we'll owe it to each other to say so. See similar questions...