Real estate commissions work to offer compensation for the agents who represent the buyer or the seller in the selling of a home. The homeowner determines how their real estate agent can charge for commission in the listing contract. Over the last several decades, the agent commission structure has been around 6% of the sale price of the home. This is custom, not law. As an example, at TRELORA, we charge a flat fee of $3,000 in Colorado or $4,000 in Washinton to represent the buyer or the seller in a home transaction, regardless of the price of the home. We believe the way that real estate commission works has historically been for the benefit of the agent, not the homeowner.
How does real estate commission work?Trelora2018-10-23T16:22:16+00:00