Let's take the mystery out of real estate commissions. These are the numbers I see most of the time but the agent/broker can charge anything they want. The seller's agent lists the property for a set percentage (usually around 6%) paid by the seller out of their proceeds at closing and has to offer part of that to the buyer's agent (almost always 3%) stated on the MLS listing. If that percentage is lower than other listings, the buyer's agent will make less so it could be a disincentive for showings. Both agents then have to split their commission with their broker so the agent's percent isn't as big as it first appears.
Referrals are the key. At least 90% of a real estate agent's time and a good portion of their money is spent finding their next client. I spend 90% of my time helping and working with my clients. Why do I get so many referrals? Well, being really good at what I do is first and foremost. Saving my clients thousands in realtor fees is the icing on the cake. Who knew people would love saving thousands in realtor fees? Uh...me!
Equity Real Estate - Advantage