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  2. Real estate agents and brokers - Wikipedia

    en.wikipedia.org/wiki/Selling_agent

    The term "agent" is not to be confused with salesperson or broker. An agent is simply a licensee that has entered into an agency relationship with a client. A broker can also be an agent for a client. It is commonly the firm that has the actual legal relationship with the client through one of their sales staff, be they salespersons or brokers.

  3. Estate agent - Wikipedia

    en.wikipedia.org/wiki/Estate_agent

    Estate agents who handle lettings of commercial property normally charge a fee of 7 to 15% of the first year's rent, plus the whole of the first month's rent. If two agents are charging 10%, they will split the fee between them. Estate agents selling commercial property (known as investment agents) typically charge 1% of the sale price.

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

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

    But selling without an agent’s help is a lot of work to do on your own, much of it complicated. If you don’t want to go it alone, ask agents from the outset what their commission is and ...

  5. Do you need a real estate agent to sell a house? - AOL

    www.aol.com/finance/real-estate-agent-sell-house...

    Instead of listing your home with a real estate agent, you could sell the property yourself. As of 2023, 7 percent of home sales were sold by their owners, according to NAR.

  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. What to Watch Out for When Choosing a Real Estate Agent - AOL

    www.aol.com/finance/2014-11-10-what-to-watch-out...

    In most areas, commissions are traditionally 5 to 7 percent, split between the buying and selling agent. If the commission on your house is lower, fewer agents will show it. This doesn't mean you ...

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