The vast majority of real estate agents are commission agents. That means they get most (or all) of their income when they sell (or help buy) a home. Generally speaking, when a person sells a home with the help of a real estate agent, the seller pays a commission of 3%-5% on the sale price of the home.
Our arrangement is to earn a 3% commission. When selling a home for $250,000, the expected 3% commission to be made on this sales is $7,500.
Real Estate Company must also pay their own expenses (including client transportation expenses, professional association fees, posters, advertising expenses, and other expenses).
WHAT DO WE CHARGE?
We charge only 3% of the house value, which is to be paid by the property seller directly to Luvanex Realty.