The Real Estate Encyclopedia
How Is The Real Estate Commission Or Brokerage Fee Paid?
Category - Home Buying Questions - General Home Buying FAQ's

The fee due by the seller to the real estate brokerage company for the services of marketing, advertising and securing a ready, willing and able buyer is negotiated between the broker and the seller and included in the terms of the listing agreement.  It is paid at the closing and shown as a debit to the Sellerís proceeds.  Should a contract be entered into with a buyer, the payment of a commission must also be established as part of the agreement.  The percentage amount of the commission to be earned by the selling agent is shown in the

Multiple Listing Service  and included in the listing agreement.  
 
Category(s)
Home Selling Questions - Agent, Offer & Commissions FAQ's
Real Estate Information Sources - General Real Estate Information
Home Buying Questions - General Home Buying FAQ's
Home Buying Questions - Search & Offer FAQ's
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