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Beemnseven · 04-23-2007, 03:08 PM

I just wanted to clear up one thing since I am a real estate agent.

As far as agent commissions go, the listing agent and the buyer's agent will typically split the commission 50/50. In cases where you have a sympathetic listing agent, or when the agent is related to the homeowner, you may find that one side of the transaction will forego a percentage or two in order to help the deal get closed. Otherwise, on a 6% listing, 3 will go to the buyer's agent, and 3 will go to the listing agent in most cases.

Now, the other thing to consider is that the field of real estate is highly regionalized -- so what may be true here in southeastern Virginia may not be true in Philly, Seattle or Wisconsin. That's why it's hard for anyone to give advice unless they reside in and work in the area you're in, SGG. Good luck.

04-23-2007, 03:08 PM	#32
Beemnseven Pro Bowl Join Date: Feb 2004 Location: Virginia Beach Age: 52 Posts: 5,311	Re: Real Estate Advice I just wanted to clear up one thing since I am a real estate agent. As far as agent commissions go, the listing agent and the buyer's agent will typically split the commission 50/50. In cases where you have a sympathetic listing agent, or when the agent is related to the homeowner, you may find that one side of the transaction will forego a percentage or two in order to help the deal get closed. Otherwise, on a 6% listing, 3 will go to the buyer's agent, and 3 will go to the listing agent in most cases. Now, the other thing to consider is that the field of real estate is highly regionalized -- so what may be true here in southeastern Virginia may not be true in Philly, Seattle or Wisconsin. That's why it's hard for anyone to give advice unless they reside in and work in the area you're in, SGG. Good luck.