Real estate commission discount, exploring in depth
Until recently, real estate commission was calculated strictly as a percentage of the sale price of a home. A real estate agent earned commission at a typical rate of five to six percent of that sale price; some would argue that that is too much for too little work. It is not difficult to agree with that argument, especially in situations where the transaction goes smoothly from beginning to end and requires very little legwork on the part of the agent. However, there now exists an alternative to the traditional way of doing real estate business. You have the ability to eliminate real estate commission, at least from the sale side of the transaction, by using the Flat Fee Multiple Listing Service when selling your home.