WHAT DOES COMMISSION REALLY COVER?
By Gloria Valvasori, Accredited Senior Agent, REAL Experience | REAL Commitment | REAL Results!
(BETTER HOMES AND GARDENS REAL ESTATE SIGNATURE SERVICE)
Most Sellers I encounter have no idea how the Selling Commission is allocated, and what it actually covers. Here is an excerpt from my booklet... A Real Estate Guide for Sellers .... where I explain to clients how the commission structure works. How Commission Is Allocated ... and What It Covers Real Estate professionals are independent business people who must pay fees to their broker, to their boards, and must cover ALL of their business expenses before they acquire net earnings. Most professionals receive an hourly fee for services as the work is done, but real estate agents are paidONLY when they have successfully completed a transaction. All work leading up to that point, which might include consulting, fee appraisal evaluations, listing, marketing, showing properties, advertis...
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