How do real estate agents commissions work?
Many immobilizers and sellers do not exactly understand who pays the immobilizer involved in the transaction. In order to understand who pays property fees–whether sellers or buyers or both –first look at how real estate agencies are paid and how they share cooperative fee s. Don't worry, because there are a lot of customers who don't know how commissions work and it involves some complexity, commission shares and other details that could not be disclosed in the transaction. According to Realtors ' National Association, in 2017, 87 percent of buyers purchased their home through a real estate agent or broker, a share that grew steadily from 69 percent in 2001. Also, the vast majority of sellers relied on real estate agents; only 8% of sellers sold their homes alone. As of March 2018, according to salary.com, the average annual income for real estate sales agents was $40,587. How much money agents from top real estate companies make each year depends on a n...