2. What is Real Estate Broker?
• A real estate broker or real estate agent is a
person who acts as an intermediary between
sellers and buyers of real estate/real
property and attempts to find sellers who wish to
sell and buyers who wish to buy.
• To be a Real estate agent/broker person must
have license of it.
• there are commonly two levels of real estate
professionals licensed by the individual states,
but not by the federal government i.e Real estate
salesperson or broker
3. Which Service can Real Estate Broker
provide?
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Comparative Market Analysis (CMA)
Total Market Overview
Facilitating a Purchase
Exposure
Facilitating a Sale
FSBO document preparation
Home Selling Kits
Leasing for a fee or percentage of the gross lease value.
Property Management
Auctioning property.
Preparing contracts and leases.
4. What amount you will have to pay to
real estate broker
• The median real estate commission charged to
the seller by the listing (seller's) agent is 6% of
the purchase price.
• This commission is split evenly between the
seller's and buyer's agents, with the buyer's agent
generally receiving a commission of 3% of the
purchase price of the home sold.
• .Real estate commission is typically paid by the
seller at the closing of the transaction as detailed
in the listing agreement.
