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Understanding Real Estate Commissions

Traditional Real Estate Commissions
BuySelf Realty when you find a buyer
BuySelf Realty when a Realtor finds the buyer for you


How Traditional Real Estate Commissions are Paid



Example $100,000 home, 7% commission (includes a 3.15% selling commission). Note the full commission must be paid even if you find the buyer for your home, such as a co-worker, friend, or relative. Commission rates vary, the most common percentages are displayed below:

home buyer
Home Buyer
arrow Buyer pays $100,000 purchase price to Seller arrow a sad seller
Home Seller
arrow upRealtor finds home in MLS and prepares purchase agreement arrow downSeller pays 7% commission ($7000) + $349 closing fee to
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Buyer's Realtor
arrow pointi Listing Realtor pays 3.15% selling commission ($3150) to Buyer's Realtor, or keeps amount if he/she or the seller found the buyer. arrow pointi listing Realtor
Listing Realtor


 



 



How BuySelf Commissions are Paid



Example $100,000 home and you find the Buyer who successfully purchases the home.



home buyer
Home Buyer
arrow Buyer pays $100,000 purchase price to Seller arrow a happy seller
Home Seller


You Save $6801 or More!

arrow downSeller pays BuySelf a low, flat fee and no selling commission.
BuySelf Realty logo
BuySelf, as Listing Realtor


 



 



Example $100,000 home, you (the seller) have a BuySelf MLS listing and the Buyer's Realtor brings the buyer who successfully purchases your home.



home buyer
Home Buyer
arrow Buyer pays $100,000 purchase price to Seller arrow a happy seller
Home Seller
arrow upRealtor finds home in MLS and prepares purchase agreement

You Save $3651 or More!

arrow downSeller pays BuySelf a low, flat fee and 3.15% ($3150) selling commission for Buyer's Realtor
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Buyer's Realtor
arrow pointi BuySelf pays 3.15% selling commission ($3150) to Buyer's Realtor arrow pointi BuySelf Realty logo
BuySelf, as Listing Realtor


 





4 Essential Questions to ask an MLS listing company before you list

Click here if you are considering selling without any help.

Click here if you are considering paying for a full-priced agent.

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