TOR 012: Who Pays The Realtor’s Commission?

commission

Hello and Welcome to the Top Orlando Realtor podcast, if you’ve been here before, we are happy to have you back 

I’m your host John Conde with ORC and today we’ll be talking about how real estate agents get paid on a traditional real estate transaction. 

How Orlando Real Estate Agents Get Paid

  • Real estate agents aren’t like other professionals who bill for their time hourly or present an invoice at the end of a project. If a Realtor doesn’t produce, they don’t get paid.
  • Realtors should never charge an upfront fee.
  • Real estate commission is based on the sale price of the home.
  • Everything in real estate is negotiable… including realtors commissions.
  • Commission usually gets paid by the seller.
  • Orlando short sale transactions are different than traditional transactions

Thanks for listening!

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