How are realtors paid?
Realtors are typically paid by the seller when the house sells. Most of the time, buyers pay no Realtor fees. In many cases, the seller pays 3% of the home value as a fee to the agent listing their house and an additional 3% to the agent of the buyers. These fees are assessed when the house closes (is sold) and is handled by the title company doing the paperwork. The TAR (Texas Association of Realtors) forbids fixed fees, and although the above figures are typical, they are negotiable. I can and have represented both buyers and sellers.
