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Real estate or immovable property is a legal term (in some
jurisdictions) that
encompasses land along with anything permanently
affixed to the land, such as buildings.
Brokerage commissions
In consideration of the brokerage successfully finding a satisfactory
buyer for the property, a broker anticipates receiving a commission for
the services the brokerage has provided. Usually, the payment of a
commission to the brokerage is contingent upon finding a satisfactory
buyer for the real estate for sale, the successful negotiation of a
purchase contract between a satisfactory buyer and seller, or the
settlement of the transaction and the exchange of money between buyer and
seller.
A commission in the 5% to 7% range is considered "standard" for
residential real estate and is typically paid by the seller at the closing
of the transaction. Commissions are negotiable between seller and broker.
The commission could also be paid as flat fee or some combination of flat
fee and percentage, particularly in the case of lower-priced properties,
vacant lots, or other unusual real estate. The details are determined by
the listing contract. |
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Apkar Services - Ara Apkarian ±
1295 2nd St # 200, San Rafael, CA 415 453-9100
Cagwin Seymour & Hamilton Realtor
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206 E Blithedale Ave, Mill Valley, CA 94941 415 388-5113
Marchant Chapman Realtors
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Jon A Marchant
780 Sir Francis Drake Blvd, San Anselmo, CA 415 456-9622
Preston Cook Commercial
228 Sir Francis Drake Blvd, San Anselmo, CA 94960 415 721-7734
Prudentail California Realty
1604 Sir Francis Drake Blvd, San Anselmo, CA 94960 415 457-7340
Prudential Pellegrini Morris
1604 Sir Francis Drake Blvd, San Anselmo, CA 94960 415 485-1913
San Francisco Luxury Real Estate
15 Yolanda Dr, San Anselmo, CA 94960 415 447-6254 |
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However, some brokers charge as much as 10% while others will offer
services for 1%. Fee-for-service or flat-fee real estate brokerages
are also increasing in popularity. This is not, however, the norm
throughout the world. In Australia, for example, listing agents are
paid between 2-4% and very few buyers use an agent. If they do, they
pay out-of-pocket. |
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Real Estate Index
Town of San Anselmo
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