Real Estate Agent Commissions

Many times you will encounter homes that are listed by real estate agents for sellers. Remember that the real estate agent charges the seller anywhere from 1% to 10% of the total sales price as a commission for selling their home. If you are trying to put together a no qualifying deal this commission could get in your way. However, work with the agent and you might be surprised to find out how flexible they may be with carrying or reducing their commission.

At any rate always remember that real estate commissions on the home that you will purchase are always an obligation to the seller. You are in no way obligated to pay a real estate agent a commission unless you have a written agreement with them for services.