There's a reason nearly 90% of sellers use a listing agent: Selling a home takes time, knowledge of neighborhood trends, and negotiating skills. So while eliminating the agent's commission—6% of the sale price, on average—sounds mighty tempting, try to resist. read more
First of all, the $18,000 you're referring to in your post has to be splitted with the selling agent who brings in the buyer. Typically fee split arrangement is 50/50 so the selling agent will get $9,000 while the listing agent gets $9,000. read more
A real estate broker or agent is a licensed professional within the state who assists either a seller or buyer purchase either a new home, piece of vacant land or a commercial property. A real estate agent will help a client with many services such as a marketing, showing homes and offering advice. read more
Even at 5%, real estate agents would take home an average of about $15,000 on the sale of a $300,000 home. read more