Most agents charge a 6 commission.
Is broker fee same as commission. The mention of commission in c above means that one has to then refer to the definition of intermediary services for which commission. And fee should be paid by owner but in any case you can do negotiations with broker most happened here some owners asked the bottom price that they expected and asked broker to mark up price for covering fee and tax or indirectly owners tax and brokers fee will be paid by buyer. Commission Fixed Fee.
I have heard of some brokers charging 12 and others readily dropping a few points in order. However that full 6 isnt solely divided between the listing agent. Here in jakarta normally fee for broker is 2 -3 depends on negotiation and situation.
The exceptions are gas stations grocery stores and hotels all of which can be less. There are some brokers that simply charge a fee for their services instead of earning a commission from the lender. This method is less common than relative commission.
As a seller you want a real estate agent who can broker the best sales price and terms for you but good agents arent cheap. If two or more brokers list a house they split the commission but that commission may not always be split evenly. The transfer taxes will.
Any upfront commission is paid back while trail commissions are paid back to you each month as mortgage rebates or cash back payments. Some brokers charge a fixed commission instead of a relative commission. Business broker commission fees.
Of course commission fees for offline trades if you make trades by calling your broker are typically higher than online trades. However the majority of brokers will charge a spread but depending on the asset you are trading these can be very small. You will get 6 best brokers listed here.