How A REALTOR® Gets Paid

We understand that buying a home is a big commitment of your time and personal finances. That is why it is important for us to go into detail explaining how REALTORS® are paid .

How It Works

Typically, the seller pays all commission involved in a residential real estate transaction . The seller agrees to pay a percentage of the sale price to a REALTOR® who brings (or lists) their home to the marketplace . Then, the listing agent splits this compensation with the agent who brings the buyer to purchase the home . This allows a buyer to be represented in the purchase without bearing any additional large expenses in the buying process . The only expense relating to the real estate agent a buyer will be responsible for is the $299 additional brokerage commission .