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  2. How much are closing costs when selling a house? - AOL

    www.aol.com/finance/much-closing-costs-home...

    The biggest expense involved in selling a home is often the commission owed to your real estate agent. This cost typically runs between 2.5 and 3 percent of the home’s sale: On a $400,000 home ...

  3. How do real estate agent fees and commissions work? - AOL

    www.aol.com/finance/real-estate-agent-fees...

    Average real estate commissions by state. Overall, the national average Realtor commission in 2023 was 5.49 percent, according to data from Clever. In all but a few states, the average commission ...

  4. Who pays closing costs, the buyer or the seller? - AOL

    www.aol.com/finance/pays-closing-costs-buyer...

    Realtor commissions: The real estate agents involved in the transaction will be owed a commission fee at closing. This typically comes to somewhere between 2.5 and 3 percent of the home’s sale ...

  5. Closing costs - Wikipedia

    en.wikipedia.org/wiki/Closing_costs

    The listing broker may offer buyer agents a portion of their commission as an incentive to find buyers for the property. Payment is required if real estate brokerage service was used. This is often one of the largest closing costs. Mortgage application fees, paid by the buyer to the lender, to cover the costs of processing their loan ...

  6. Real estate agent - Wikipedia

    en.wikipedia.org/wiki/Real_estate_agent

    Flat-fee real estate agents charge a seller of a property a flat fee, $500 for example, [11] as opposed to a traditional or full-service real estate agent who charges a percentage of the sale price. In exchange, the seller's property will appear in the multiple listing service (MLS), but the seller will represent him or herself when showing the ...

  7. Average closing costs on a house in 2024 - AOL

    www.aol.com/finance/average-closing-costs-house...

    Which states have the highest and lowest average closing costs? ... Pennsylvania. $10,634. 4.3%. Connecticut. $8,821. 2.1%. ... One of the expenses that adds to closing costs is real estate ...

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