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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. How much money do you get when you sell your home? - AOL

    www.aol.com/finance/much-money-sell-home...

    The largest cost will likely be real estate agent commissions, which are paid by the seller and usually amount to between 5 and 6 percent of the sale price. If you sell your home for $300,000, a 5 ...

  4. 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 ...

  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.

  8. Burnett v. National Association of Realtors - Wikipedia

    en.wikipedia.org/wiki/Burnett_v._National...

    Fees paid to Realtors during home sales in the United States average around 6% of the sale price, a percentage considered exceptionally high compared to rates in other developed countries such as Australia, Canada, and the United Kingdom. [3] [4] [5] Industry research shows that Americans pay $100 billion in commissions to real estate agents ...

  9. Real-estate industry rocked by $1.8 billion verdict finding ...

    www.aol.com/finance/real-estate-industry-rocked...

    Real-estate industry rocked by $1.8 billion verdict finding ‘conspiracy’ to force sellers to pay illegal commission fees Alena Botros, Sydney Lake October 31, 2023 at 5:16 PM

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