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Updated over 3 years ago on . Most recent reply

User Stats

68
Posts
14
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Amna Malik
  • Investor
  • Chicago, IL
14
Votes |
68
Posts

Percentage for a realtor

Amna Malik
  • Investor
  • Chicago, IL
Posted

Hi! May I know if what percentage do you give to the realtor? Thanks!

  • Amna Malik
  • Most Popular Reply

    User Stats

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    David M.
    • Morris County, NJ
    2,575
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    David M.
    • Morris County, NJ
    Replied

    @Amna Malik

    To add to the above...

    The listing agent is the one who has the contractual arrangement to list the property for sale.  The commission is paid by the seller.  When another agent brings the buyer, the a portion of the listing commission is given to the buyer's agent (well, technically the buyer agent's broker).  As a buyer, really don't have direct control over how your agent is compensated.

    As a seller, @ jonathan greene covered it pretty succinctly.

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