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

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

   Here are the average real estate commissions by state, according to Clever: State. Average commission rate. Alabama. 5.45%. ... Do sellers or buyers pay fees to the real estate agent?

3. 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 ...

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. Listing contract - Wikipedia

   en.wikipedia.org/wiki/Listing_contract

   The commission is usually a percentage of the sales price of the property, ranging from 2 or 3% up to about 10%, but usually in the range of about 3 - 7% for houses. The commission could also be a flat fee or some combination of flat fee and percentage, based on the rate you negotiate. Commission rates and fees are negotiable and not regulated.

6. 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 ...

7. Cost of a Home Sale: Much More Than the Agent's Fee - AOL

   www.aol.com/2014/02/10/cost-of-a-home-sale-much...

   Shutterstock By Leonard Baron Many consumers believe that real estate transaction costs are simply the 5 percent to 6 percent of the sales price that the real estate agent earns as commission.