Understanding Real Estate Agents Commissions: What you need to know Understanding Real Estate Commissions – What You need to Know 1. What are Real Estate Agent Commissions? Real estate commissions represent fees paid by clients to real estate agents in exchange for their services. – Typically, the commission is a percentage of the final sale price of the property and is paid by the seller. The commission rate may vary depending on the market, and the agreement made between the agent and seller. Real estate agents usually work on a commission basis, which means they are only paid if a
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