I heard that if a house is sold by a realtor and the house gets sold the realtor gets a big cut of that money for profits so it's best if sold by owner, Is this true?
2006-06-17 14:22:20 · 9 answers · asked by Anonymous in Home & Garden ➔ Other - Home & Garden
The Real Estate agent usually gets from 5 to 8 percent of the sales price.
2006-06-17 14:30:50 · answer #1 · answered by Anonymous · 0⤊ 0⤋
When a house is sold in georgia there is a 7% commission taken from the price. 3.5% goes to the realtor that listed the house and 3.5% goes to the realtor that sold the house. Lots of people do sell their own house. It's not that its so hard its just so time consuming.
2006-06-17 22:42:46 · answer #2 · answered by Mache 6 · 0⤊ 0⤋
Anytime you use a realtor to sell a house they get a percentage of the selling price as a commission.
2006-06-17 21:27:49 · answer #3 · answered by myste 4 · 0⤊ 0⤋
a realtor usually gets between 10 to 15 percent. but also take into account its hard to sell your own house
2006-06-17 21:26:28 · answer #4 · answered by adam 2 · 0⤊ 0⤋
Yes, when you ask a realtor to sell your home, he/she will advertise the home, show the home to prospective buyers and, in turn, gets a cut of what you make. 7% of the sale price is standard, but you can cut a deal.
2006-06-17 21:52:25 · answer #5 · answered by MillwoodsGal 6 · 0⤊ 0⤋
Yes, Realtors earn a commission when they sell a home.
2006-06-17 21:27:27 · answer #6 · answered by jd 6 · 0⤊ 0⤋
Yes, the Real Estate Company does take a percentage of the sale price - it's called commission. It is better to deal directly with the seller, but then, you risk the chance of being ripped off. Either way, we can get shafted.
2006-06-18 05:36:18 · answer #7 · answered by jammer 6 · 0⤊ 0⤋
huh
2006-06-17 21:26:01 · answer #8 · answered by Anonymous · 0⤊ 0⤋
yeah i guess
2006-06-17 22:04:22 · answer #9 · answered by [[kAY] 2 · 0⤊ 0⤋