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

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

    Do buyers pay closing costs? Yes. ... 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. ...

  3. How much money do you need to buy a house? 6 costs to ... - AOL

    www.aol.com/finance/much-money-buy-house-6...

    For example, while the average closing costs in New York are around 3.1 percent of the purchase price (not including Realtor commissions), they’re just 0.8 percent of the price in Missouri.

  4. Do I need a Realtor to buy a house? - AOL

    www.aol.com/finance/realtor-buy-house-145201201.html

    Key takeaways. It is possible to buy a home without a real estate agent, but the vast majority of homebuyers do work with one. Buyers who go it alone may save some money in commissions.

  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 economics - Wikipedia

    en.wikipedia.org/wiki/Real_estate_economics

    High transaction costs. Buying and/or moving into a home costs much more than most types of transactions. The costs include search costs, real estate fees, moving costs, legal fees, land transfer taxes, and deed registration fees. Transaction costs for the seller typically range between 1.5% and 6% of the purchase price.

  7. Real estate agents and brokers - Wikipedia

    en.wikipedia.org/wiki/Real_estate_broker

    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 ...

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