How do real estate agents earn their commission?
When buying a resale home, the seller’s agent is known as the “listing agent”. The listing agent charges the seller a fixed fee, (often 6% – so we’ll use 6% as an example here). The seller pays this 6% fee whether or not you, the buyer, have an agent representing you. This means that when you do NOT have an agent, the listing agent keeps the entire 6% commission. The seller has no motivation to offer you a better price if you buy his house without a real estate agent, because he has to pay the same 6% commission to his listing agent either way! AZTop Agents lets you take advantage of this “loophole”. When you use a AZTop Agent to represent you, the AZTop Agent gets paid part of the listing agent’s commission, and then rebates part of it to you! Our secret strategy that other real estate agents don’t want you to know. Here’s how our program works (and how we can afford to do it!). Most real estate agents will keep the entire commission the seller pays them. But AZTop Agents share their