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How do real estate agents charge their fees?

Answer:
Typically a percentage of the sale that funds when escrow closed. 3% is normal, though generally the buyer's agent and the seller's agent split the commission 50/50. If the buyer has no agent, a partial refund is sometimes given to the buyer.
Contributor: Jim
First answer by Theprismgroup. Last edit by Jim Jimmers. Contributor trust: 104 [recommend contributor recommended]. Question popularity: 1 [recommend question].

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