Submitted by Puzzleheaded-Bug7189 t3_y420ls in news
BrewtusMaximus1 t1_isdmt94 wrote
Reply to comment by [deleted] in Real Estate Agents Caught on Camera Facilitating Mortgage Fraud for a Fee by Puzzleheaded-Bug7189
That’s not how the real estate commission works - you signed a contract with the listing agent giving them X% (7% is typical in the state that I’m in), which would get split between the listing agent and the buyer’s agent if there was one (this split depends upon the brokerage firm). Your listing agent got the same compensation either way, which is why the broker laughed at you.
[deleted] t1_isdpzfz wrote
[deleted]
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