Real estate agents don’t earn a salary. Instead, they generally make money through commissions, getting paid only when a deal closes. This means they can work with a client for months without ...

A flat fee in real estate is a charge that home sellers pay to have their home listed on the market. In a flat-fee model, a real estate agent charges a fixed rate for their services rather than a ...

For a long time, buying and selling a home in the U.S. generally went like this: The seller would pay a commission that would be split by the buyer's and seller's agents, often totaling 5% to 6% of ...

Prior to September 30, 2024, a little over a month after the business practice changes went into effect, the average real estate agent commission was 2.65%, according to data from RealTrends ...