Q » How do real estate commissions work?
29 Oct, 2025
A » Real estate commissions are typically a percentage of the property's sale price, paid by the seller to the listing and buyer's agents. This fee, often around 5-6%, is split between the agents involved in the transaction. The commission incentivizes agents to market the property effectively and negotiate favorable terms, ensuring a smooth transaction for both the buyer and seller.
30 Oct, 2025
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