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re: I need help from OT real estate experts
Posted on 4/26/24 at 10:19 pm to MRTigerFan
Posted on 4/26/24 at 10:19 pm to MRTigerFan
There is no set commission for real estate agents. You should negotiate the terms with your current agent or find one that will.
The seller pays the x% to the listing broker and they pay the brokerage of the buyer’s agent x%. This should be explained in your listing agreement.
The brokerage takes their cut and then pays the agents.
365 is a very long contract. 6 months is the norm.
ETA: If you have ownership in this home and your name isn’t on the listing agreement or you didn’t sign it…
It is invalid. J/S
The seller pays the x% to the listing broker and they pay the brokerage of the buyer’s agent x%. This should be explained in your listing agreement.
The brokerage takes their cut and then pays the agents.
365 is a very long contract. 6 months is the norm.
ETA: If you have ownership in this home and your name isn’t on the listing agreement or you didn’t sign it…
It is invalid. J/S
This post was edited on 4/26/24 at 10:59 pm
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