How to become a listing agent

Does listing agent get paid?

Real estate agents are paid a percentage of the commission the listing broker earns on the transaction. This is an example. An agent will take a listing on a $200,000 house at a commission rate of six percent. This is the total commission of $12,000.

What is the listing agent?

The seller is represented by a listing agent. Their job is to set a competitive price for the home so that potential buyers can see it. When an offer is received, the listing agent walks the seller through the negotiations and ultimately closes the sale.

What is the difference between a listing agent and a Realtor?

The interest of the buyer is represented by a selling broker. This type of real estate agent helps match buyers with properties by learning what they are looking for.

Do listing agents make more than buyers agents?

There’s a misconception that the listing agent gets all of the commission. The buyer’s agent and seller’s agent get 25 percent and 1.5 percent of the commission, respectively. The commission is usually split equally.

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