FOXmls.com: Apr 25, 2013

Singletons are Living Alone ... and Liking it

Published: April 25, 2013

It used to be a stigma: bachelors and spinsters sadly missing the pitter-patter of tiny feet and the companionship of a spouse. But that was then; this is now.

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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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