Real estate commission, learning the basics
When you choose flat rate real estate commission, you will save the stress and high commission costs commonly associated with traditional real estate commission. Let's delve into some features of the traditional method of computing real estate commission. With conventional real estate commission, the realtor is paid a large percentage of the final sale of the house. No matter how much, or how little, work your realtor accomplishes, you are forced to pay your realtor the agreed upon percentage once your house sells. Let's use a real life example to further explore this unfortunate agreement.