WHAT IS A "REAL ESTATE COMMISSION"? A real estate commission is the dollar amount of YOUR MONEY that you agree to pay a real estate broker, for marketing services, at the closing of the sale of your home. whwre does the "commission" come from? The "commission" is actually YOUR MONEY" ! IT is given by yiou from the proceeds of the sale of your home. HOW IS THE ACTUAL TOTAL DOLLAR AMOUNT YOU PAY DETERMINED? YOU WILL NEGOTIATE THAT AMOUNT WITH THE REAL ESTATE COMPANY. The real estate company determines the dollar amount it would charge, based upon its operating costs, the amount of services it provides and its acceptable profit. So if all traditional and franchise brokers provide the same expert full service, the costs charged would be similar. What if a real estate company, could provide you with the same expert marketing services, but because of a more efficient use of its time and SPENDING MUCH LESS OF YOUR MONEY on operating costs, you receive a much greater value ! THE SAVINGS IN OPERATING COSTS, ALLOW THE BROKER TO PASS THE SAVINGS OF ON TO YOU, THE HOMESELLER! HOMESELLERS1% , by using a new, innovative business model allows a traditional ,full service broker the ability to continue to provide its same expert full service , but at a much smaller commision cost to you.
