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

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

   New York. 5.39%. North Carolina. 5.52%. North Dakota. 5.00%. Ohio. 5.99%. Oklahoma. 5.95%. ... sellers have been the ones who covered real estate agent commissions — both for their own agent and ...

3. Why are real estate commissions 6%? – and why that may be ...

   www.aol.com/why-real-estate-commissions-6...

   Even as the ranks of stockbrokers and travel agents have dropped in recent years as commissions petered out, the number of real estate agents has grown and their typical commissions are bigger ...

4. Real estate commission rules are about to change. Here's how ...

   www.aol.com/news/real-estate-commission-rules...

   For decades, if you wanted a real estate agent to help you buy or sell a home, the model was static. At the close of escrow, the seller typically used their proceeds to pay a 5% to 6% commission ...

5. Real estate agents and brokers - Wikipedia

   en.wikipedia.org/wiki/Real_estate_brokerage

   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 ...

6. Real estate license - Wikipedia

   en.wikipedia.org/wiki/Real_estate_license

   A real estate license is an authorization issued by a government body to give agents and brokers the legal authority to represent a home seller or buyer in a real estate transaction. Real estate agents and real estate brokers are required to be licensed when conducting real estate transactions in the United States and in a small number of other ...

7. Closing costs - Wikipedia

   en.wikipedia.org/wiki/Closing_costs

   Brokerage commissions are usually computed as a percentage of the sale price, and are established in a listing agreement between the seller and the listing broker. 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.