Commission
July 31, 2010 
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 Tim Tyler Art commissions FEB 2012 $45.00 Buy It Now --> Ends In 12h 45m <-- |
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Items Below ON Overstock
[phpostock]Commission, 15[/phpostock]
Most home buyers don't know that using an agent specifically for their needs costs them nothing. They sometimes think the agent will get a commission from their mortgage payments or in the closing costs somewhere but it literally costs the buyers nothing to use the services of a buyers agent. Here are some tips why this is such a smart move.
When a homeowner lists their house or property for sale they typically either list it for sale by owner (FSBO) or through a listing agent or broker. The difference between an agent and a broker is that the broker must have more experience, education and liability than an agent. A broker must be the final authority on a listing but several agents could potentially sell the home. The broker is the name under which the listing is taken. National broker companies hire many agents to list and buy homes and properties but all the agents are doing business under the broker's name. A specific agent could go onto to get their brokers license and still be under the National company or broker but have the ability to start their own "brokerage" if desired. An agent, which also needs a good amount of education and licensing must be under a broker of some kind.
Once a seller chooses the broker and agent (which can be one in the same) that seller negotiates with the broker on the percentage of commission the agent will receive when they sell the house. A typical percentage is 6% but this can be anything the seller and broker agree upon. The broker listing the house must now try and find a buyer for the property. The broker will market the property to the best of his/her abilities and try to bring in a buyer. If this is done through the same broker or agent that is listing the property, that agent gets the entire agreed upon commission. That agent or broker is technically considered a dual agent since they are representing the buyer and the seller throughout the transaction. Because the seller was the first of the two parties most of the confidentiality lies with this party.
If a buyer has procured their own agent, tells this agent or broker what they are looking for and that agent finds a home listed for sale meeting the search requirements, that agent is considered the buyers agent. This agent is working solely for the buyer and not any particular seller or property. They solely want what is in the best interest of the buyer and will keep unnecessary, confidential information to themselves in the negotiations of the property. Once the sale is completed that buyers agent receives a portion of the commission the seller agreed at the beginning of the listing which is typically half. The seller actually pays the buyers agent for finding them a buyer for the property. The buyer pays the agent nothing.
You can see why this makes so much sense. When the broker takes a listing the contract states how much commission goes to the buyers agent and how much to the listing agent. Again, if it's the same agent or broker, they receive all the commission. Why wouldn't you use a buyers agent? Without having to pay them, they work only for you with your best interest at heart.
For more information on buyers agent considering visiting my St George real estate affiliate in Utah.
Tammy Emineth writes dozens of articles for real estate, insurance, and mortgage websites a month. Visit her for Personal SEO attention.
Items Below From Amazon
[phpzon]Commission, 10[/phpzon]
What is the typical real estate commission paid when the Listing brokerage is also representing the buyer?
Question:
I am asking from the seller's view point, hoping the commission would be reduced.
Answer:
It will be the same commission you agreed to pay, when you signed with your listing agent. The fact that this agent represents a buyer, doesn't have anything to do with commissions. Lets say you agreed to pay your agent 6%. If a buyer had his own agent, then this 6% would have been split between the two agents and it was OK with you. Now there's no other agent and you feel 6% is too much for your agent to keep, right? But your agent promised to sell your house and he did it. What difference does it make if your money goes to one agent or two?
BUT, you can talk to your agent and he might agree to lower commissions. If he doesn't agree, you have to pay.
Additional Commission related items.
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The Great Commission $55 Based on Matthew 28:19-20 and Acts 1:7-8,The Great Commission will stir the hearts of all who hear go and make disciples 'til all nations have heard. Scored for choir and orchestra (or keyboard), it is a good choice for commissioning Sunday, or any service of missions or evangelism.Available separately: SATB and SAB. ChoirTrax CD also available. Instrumental ePak includes score and parts for Flute 1, 2, Oboe, Bb Clarinet 1, 2, Bb Trumpet 1, 2, 3, F Horn, Trombone 1, 2, Trombone 3/Tuba, Harp, Percussion, Bells, Timpani, Violin 1, 2, Viola, Cello and String Bass. Duration: ca. 3:30 Type: Software and Sheet Music |
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The 9/11 Commission Report $16.95 Format: DVD Rating: Not Rated Genre: Documentary Runtime: 100 Year: 2006 Release Date: 2006-09-05 |
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Jim Parker: A Londoner In New York (Part 2) - Score/Parts (Just Brass No.58) $33.95 This was written in 1983 for a commission from Philip Jones for his Brass Ensemble. Central Park and Radio City are the last two in a suite of five pieces. |
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Put Your Hands On The Piano And Play! - Special Edition For The Blind $59.95 Taught by Daniel Abrams LEVEL 1 The success of Daniel Abrams' first series prompted the Library of Congress to commission an edition of these tapes for the blind and visually impaired. Anyone who wants to play piano will learn to do so in no timewith no written materials! Type: Software and Sheet Music |
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Child Helmet and Pads Combo Pack - Pink Aloha Design - CPSC Standard $28.99 Safety helmet complies to United State Consumer Product Safety Commission (CPSC) Standard Knee & Elbow Pads comply to CPSC Standard Cool pink Aloha design Type: Helmet, Knee and Elbow Pads Color: Pink Color Mapping: Pink Level: Beginner |
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Tenergy 4/5AA 1200mAh NiMH Flat Top Rechargeable Battery $3.95 Key Features High quality Ultra High Capacity 4/5AA Size rechargeable Nickel Metal Hydride (NiMH) battery, New Products!! Provides use time per charge with 1200 mAh capacityConvenient operation without memory effect. Can be charged anytime.Can be rapidly charged with any quick charger, smart chargers, plug in charger or universal chargersIdeal batteries for Cordless phones, RC and hobbies.Can be used as replacement battery inside of Dustbuster.Dimensions14 Did. x 41 H mm, weight 20 g.6months warrantyBattery tested based on International Electronic Commission (IEC) standard to ensure capacity, quality and life time |
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Tenergy AA 2000mAh 10C NiMH Flat Top Rechargeable Battery $6.35 Key Features High quality Ultra High Capacity AA Size 10C rechargeable Nickel Metal Hydride (NiMH) battery, New Products!! Provides use time per charge with 2000 mAh capacityConvenient operation without memory effect. Can be charged anytime.Can be rapidly charged with any quick charger, smart chargers, plug in charger or universal chargersIdeal batteries for Cordless phones, RC and hobbies.Can be used as replacement battery inside of Dustbuster.Dimensions:Diameter14.5mmHeight49.5mmWeight26g 6 months warrantyBattery tested based on International Electronic Commission (IEC) standard to ensure capacity, quality and life time |
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Hal Leonard Great Arias with Placido Domingo And Friends DVD $17.99 This evening of great arias is dedicated to the more than 16,000,000 refugees around the world. The United Nations High Commission for Refugees presented this 1989 Classic Aid II Gala Concert, live from UNESCO in Paris. This star-studded DVD captures the operatic highlights from this highly acclaimed event. Superstars Placido Domingo and friends are at their peak, performing the most memorable arias of the great Italian composers, Puccini and Verdi. 60 minutes plus bonus features.DVDSize: 7-1/2" x 5-1/4"Artist: Placido DomingoISBN: 803024193 |
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