Posts Tagged commissions

What Are Real Estate Commissions?

Tuesday, June 9th, 2009

38023Real estate agent commissions are things that are extremely difficult to understand, especially if you are not exactly in the business.  In this blog we are going to explore real estate agent commissions and figure out exactly what you may own to a real estate agent if you do decide to get one to represent your home.  One of the first things that you need to understand is that all real estate agents work for a real estate broker; companies such as Century 21 are the brokers.

All of the fees that are paid to the real estate agent have to go through the broker, so there really is no money that is passing the hands of the real estate agent themselves, keep that in mind.  Only the real estate broker can pay the real estate agent their commissions and they sign a listing agreement with you, the seller.

Real estate fees and commissions honestly vary throughout the world, so it really depends and you definitely have to do your research on that one