On financial institution owner listings generally the listing agent will get a smaller proportion than the customer’s agent. Commissions could be 4 % in some circumstances or one % like with some REO auctions. If you promote a $100,000 home a three percent fee would equal $3,000 to 1 agent, however the agent doesn’t at all times get to keep that whole fee.
It is essential to know the particular buying necessities and motivations of potential patrons and sellers. Generally, the property size and price are fairly large, with corresponding commissions.
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