Real estate insights on commission splits and exclusive buyer agents. Real estate market insiders give their take on trending topics. Over the past few weeks, we’ve had several responses to columns that have run, especially the one that explained in greater detail how real estate agent and broker commissions work. Real Estate Insights on Residential [...]
How is real estate commission split? How real estate agents split commissions with brokerages and use it to cover expenses like Realtor association dues. Q: I’m a real fan of your column, but this article on how much commission real agents make is extremely misleading. From the way I read the column, it looks like [...]
Are exclusive buyer agents better than traditional real estate brokers? Weighing the pros and cons of each and how to decide which to use when homebuying. Q: My wife and I have been reading Ilyce’s book, 100 Questions Every First-Time Home Buyer Should Ask, and one of the big things we took from the book [...]
Is my real estate agent doing a good job? This reader feels like their agent didn't fully explain the process of selling their home and all their options. Q: I sold my dad’s house late last year and feel like I was taken advantage of by my agent and my real estate attorney, who was [...]
More and more homebuyers need to be prepared for bidding wars in today’s real estate market. When they arise, people can end up paying much more than the original listing price. Real estate bidding wars are often the result of first-time buyers and investors looking for the best price and coming across a deal that [...]
If you can't afford your mortgage, you should try to sell your home in a short sale. Q: I live in Georgia and have a house that I bought last year. Unfortunately, I can’t afford the house any longer. I’m not sure what to do. Should I do a short sale or should I just [...]
