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Assuming a 5 percent total commission under the current model, here’s roughly what you could expect to pay based on the price your home sells for: Home’s sale price. Seller’s agent ...
For sale by owner. A house for sale by its owner. For sale by owner ( FSBO) is the process of selling real estate without the representation of a broker or agent. This is where the homeowner sells directly to a new homeowner. Homeowners may still employ the services of marketing, online listing companies, but can also market their own property.
Internet real estate. An electronic version of the real estate industry, Internet real estate is the concept of publishing housing estates for sale or rent online, and for consumers seeking to buy or rent properties through such platforms. Often, Internet real estate properties are listed and managed by landlords themselves.
When a real estate transaction is completed, the agents involved each earn a percentage of the home’s sale price. This amount typically runs somewhere between 2.5 and 3 percent.