Real estate commission Where to start
Surprisingly, the idea is catching on in some of the states where the practice is allowed. Traditionally, real estate commissions have been calculated at five to six percent of the sale price of a home and divided between the selling and buyer brokers. The seller bears full responsibility for payment of the real estate commission; the buyer is responsible for nothing. However, buyer brokers have begun offering a fraction of their commissions to their clients in the form of a real estate commission rebate. This new way of doing business was conceived out of the growth in online real estate listings.