real estate agents – what are brokers and what is typically the commission rate details below?

April 13, 2010

okay firstly do real estate agents buy and sell houses and property for people?
2. Also with real estate agencies do they hire the real estate agents to sell the house, make large profits and then give a small portion (commission) to the agent for selling the property?
3. Do people give properties to the real estate agents to sell/buy or do they sell property they buy themselves
4. What exactly are brokers?

Owners or real estate, like a house, sign a contract with a broker to sell it. Brokers typically make a 6 percent commission based on the sales price. Brokers bring buyers and sellers together.

One Response to “real estate agents – what are brokers and what is typically the commission rate details below?”

  1. jeff410 Says:

    Owners or real estate, like a house, sign a contract with a broker to sell it. Brokers typically make a 6 percent commission based on the sales price. Brokers bring buyers and sellers together.
    References :

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