In 2004, she received over $38,000 in real estate commissions from him.
There are also real estate commissions, moving expenses and a myriad of incidental costs.
Many home sellers may not realize that real estate commissions are negotiable.
Contrary to conventional wisdom, real estate commissions are, and always have been, negotiable.
By using the internet as a tool they promised to halve real estate commissions.
Did you get the standard residential real estate commission of 6 percent?
Real estate commission is typically paid by the seller at the closing of the transaction as detailed in the listing agreement.
Other industries use it, too; real estate commissions on property sales, for example, are calculated in this way.
If those 1,440 houses averaged $200,000 per sale, the real estate commissions under the 6 percent system would have been about $17.3 million.
She is selling the Clarendon condo herself to save on the real estate commission.
