FOXmls.com: Sep 15, 2013

Young Buyers are Driving the Luxury Real Estate Market

Published: September 15, 2013

Generation Ys, who have always fancied the finer things in life, are bringing this mentality to the real estate market by rapidly acquiring high-priced real estate. And they are not stopping at one purchase; this generation is more likely to buy several properties as investments.

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When a property is listed for sale with a real estate agent ("Listing Agent"), the Listing Agent historically offers a 3.0% commission to the real estate agent ("Buyer's Agent") who procures the buyer.

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SELLER
PAYS 6%
COMMISSION

Commissions

are split...

3% TO
LISTING
AGENT

3% TO
BUYER
AGENT

Any commission over
1.5% is shared with
you, the Buyer.

1.5% TO YOU
HOME BUYER

1.5% TO US
BUYER AGENT

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