Real Estate Commission Explained / The old way versus the new way

The easiest way to explain real estate compensation the old way and the new way.The old way;The seller and buyer commission was negotiated upfront with the seller and then that fee was typically split between the seller’s agent and the buyers agent. the solarization would then advertise that Commission and the multiple listing service. The new way;Now a seller is only responsible for pain their agent also known as the listing agent. And the buyer is responsible for paying the buyers agent.. The compensation is separate.. two separate agreements for the compensation…

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