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How are real estate agents compensated?

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How are real estate agents compensated?

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A commission amount is negotiated between the Seller and the Seller’s agent, and that amount is usually divided among the Seller’s agent’s Brokerage, the Seller’s agent, the Buyer’s agent’s Brokerage, the Buyer’s agent and referring agents, if any. Real Estate commissions are traditionally paid at the close of escrow from the Seller’s proceeds.

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