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Real Estate Tips
Agency >Who Pays the Commission

Does it cost the homebuyer more to be represented by a buyer's agent who serves their interests exclusively? No, because the listing agent splits the sales commission, which is customarily paid by the seller of the home, with the buyer's agent. The sales commission split is usually 50-50, but the listing agent and buyer's agent will sometimes make another agreement and split the commission unequally.

There is one very unusual circumstance in which the homebuyer might pay a commission to their buyer's agent. The real estate agent might show the buyer a local "for sale by owner" (FSBO) home which the client decides to purchase. In most cases, the FSBO seller who is presented with a qualified buyer is glad to pay the buyer's agent a reduced fee of about 3 percent, or half of a normal sales commission. But the FSBO seller could stubbornly refuse to pay the buyer's agent any commission whatsoever. In that case, the buyer's agent would legitimately expect the buyer to pay the sales commission, in fair exchange for the agent finding the FSBO home and negotiating a successful transaction.

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Real Estate Trivia
Q 
What weighs 320 tons and is considered the largest single block building?

A 
Pyramid of Mycerinus (Third Pyramid) at El Gizeh, Egypt is the largest single block building and the world's oldest pyramid.
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Karl Volkman, REALTOR®, real estate agents and broker for Appleton, Neenah, Menasha and Greenville Wisconsin home listings, property and land for sale - NUMBER1EXPERT(tm)

Karl Volkman
Coldwell Banker-The Real Estate Group, Inc.

1050 North Lynndale Drive
Appleton, WI 54914
Tel: 920-993-7311
Fax: 920-968-1167
Email: karl@karlvolkman.com

No Gimmicks, No Cookie Cutter Promises - A Unique & Personal Conversation About Your Future Based on 3 Decades of Real Estate Experience, 8th Consecutive Year -#1 Coldwell Banker Agent/Group in the state of Wisconsin & #1 Agent/Group for Coldwell Banker-The Real Estate Group, Inc.

CRS Equal Housing GRI MLS REALTOR


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