Real estate commission rebate topics
Who would. Happily, no commission real estate sales are now a reality. Until now, sellers were responsible for the entire real estate commission, which was calculated at five to six percent of the selling price of a home; that commission was paid out of the sale proceeds and split between the selling and buying brokers. This can amount to a great deal of money, especially during a real estate boom, for what appears to be a relatively small amount of work. No commission real estate services, or flat fee Multiple Listing Services (MLS), have changed all that.