real estate comission

who covers the commission in real estate

How Much Is the Commission?

For residential real estate transactions, the standard commission is 6% of the home's sale price, which is divided equally. Three percent goes to the buyer's agent and the other 3% to the seller's agent. For residential rent transactions, the standard commission is 10% of the value of the lease, or one month's rent. This commission is divided equally for each of the agents involved in the...

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