Agent Compensation – How Does That Work??

OA11X710When a home is listed for sale, the listing agent (his or her name is on the sign posted in the yard) has negotiated a seller paid commission,usually expressed as a percentage of the sale price, payable upon the successful sale and closing of the home. At closing the listing company receives the overall commission then disburses a portion of the commission to the buyer’s agent’s company (in my case RE/MAX Results) which then pays me, your agent. ┬áThus, you have no direct out of pocket expense for my services. Unless I let you know otherwise, this compensation is my only source of income during the buying process, including potential sources from referrals that I might have suggested along the way.

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