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Real estate agents help clients buy, sell, and rent residential and commercial properties. Homebuyers and sellers should get a realtor or listing agent to help find and visit properties, make offers, determine a competitive listing price, negotiate, and handle all the paperwork.
According to the U.S. Department of Labor, real estate agents do the following:
The standard, fair commission for a real estate agent is 6% of the home's sale price. The commission is negotiable and is typically split between the seller’s agent and buyer’s agent at 3% each. Some real estate firms offer selling or listing services at a flat rate of $3,000 to $6,000.
Additional costs apply for home staging, photography, videography, marketing, inspections, appraisals, and closing costs.
To find the best real estate office, look and do the following:
After asking questions, hire the best real estate agents near you.
When hiring a real estate firm, ask them the following questions: