Real estate commission A basic primer
For many years now, the real estate industry has followed a certain way to calculate the real estate commission. It is only fairly recently when a few companies began offering an alternative to the traditional model of real estate commission. This brought about a significant step up in the industry, and was reflective of the changing times at the same time. In order to understand how a real estate commission is paid and by who, it would be helpful to know how real estate agents are share in the cooperating commissions. Real estate agents are typically employed by the broker.