What Are Real Estate Commissions?

 
What Are Real Estate Commissions?

What Are Real Estate Commissions?

What Are Real Estate Commissions?

Real Estate Agents typically are paid a percentage of the purchase price in a successful real estate transaction.

When one agent represents the sellers and another represents the buyers the commission is typically split between them.
In the US, real estate commissions are commonly 6% of the transaction usually 3%/3% when split.

No government or industry body sets commission rates.  Legally, commission rates ARE negotiable.  However, remember that agents only earn their commission on successful sales.

Consider the work you want them to do for you to evaluate the value you should put on the commission they earn.

Are you looking for advice on who to hire as your Realtor?

Why not start by asking someone who works with thousands of Realtors: Your Title Company!

Are you looking for someone you can rely on — a great title company in Naples, Florida?

Look no further! First Title & Abstract, Inc. is an award-winning provider of title and escrow services.

We’ve served the Naples real estate market for almost four decades!

The oldest naples title companies aren’t always the best, UNLESS they stay abreast of new developments in the industry and are dedicated to implementing the latest technologies.

At First Title & Abstract, Inc. we won’t ever rest on our laurels! We are dedicated always to “Putting You FIRST!”