How Are Real Estate Commissions Split?

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How Are Real Estate Commissions Split?

How Are Real Estate Commissions Split?

Most people outside of the real estate sales industry are not clear on how the Real Estate Commission is paid and then split. We are going to show you how a “normal” real estate transaction might appear, and then we’ll show you how it would appear using The Ultimate Marketing Partner System™ to complete a transaction using state-of-the-art real estate tools and technologies through the Listing Services of MORE Realty Services LLC.

First, we look at a traditional full service listing by a typical big box brand. One of the first things a Home Owner looking to sell as a For Sale By Owner will notice is the add-on fee they call a “Transaction Fee”. They can range from $99 as high as $1,000. Nearly every single agent using those brand names will tell you something different as to what the fee is used for, but it narrows down to a “compliance fee”.

Compliance Fee means nothing more than PROFIT. Do not be fooled by this trick, and yes it is a trick. The State of Florida Licensing Law REQUIRES that a Broker keep the files of a Transaction that resulted in a Contract for a minimum of Five (5) Years. It is Mandatory. As the Broker of MORE Realty Services LLC, I can not simply throw your files out because you refuse to pay this fee, I must maintain those records under law. So, as you can see, it is for profit, and it is a lie. Do you want to trust your home with people lying to you from the start?


The Ultimate Marketing Partner System™

The Split; Generally an Agent wants to get as much as they can, usually under the instruction of their Broker. The Broker – not the Agent – owns the Listing Contract. Ultimately it is the broker’s signature you will see once you receive the Listing Agreement you signed back, again not the Agent that is presenting to you. The Broker wants a piece of that Agents work. The illustrations below shows the Commission Split process.

Commission split process Illustration A1

The most typical situation is that the Listing Commission is Split with a Selling Broker. It is rare for the Listing Broker to also procure the Buyer, no matter the level of marketing, mostly because of the number of competing Buyers Agents. The Illustration below shows a typical transaction split.

The Listing Agreement Split  Illustration A2

Compare our Flat Fee Listing Service to the other brand and you cans ave substantial amounts of your equity that can be used to buy another home, pay off debt, or take a vacation – whatever you choose to do – after all it is Your Equity!

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The Ultimate Marketing Partner System™

See our entire list of Orlando area For Sale By Owner Service Features Here!


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In 2014 92 percent of home buyers searched online

Home Buyers Search Online First

Home Buyers Search Online First

According to the National Association of Realtors (NAR), in 2014 92% of all home buyers searched for a home online. With that many people looking in the search portals it is a must that someone serious about selling get their home in front of as many of those homebuyer’s as possible.

As well as searching online, 88% of Home Buyers used a Licensed Real Estate Agent to help them purchase their home. That means only 12 out of 100 Buyers would ever be unrepresented. Many of those 12 buy New Homes, direct from a Builder, (they still should have used an Agent in most cases).

That is where we come in to help the homeowner thinking about selling their Metro Orlando home as a For Sale By Owner. They need the exposure MoreFSBOs.com can provide through our online marketing and MLS resources.

91% of sellers listed their home on the MLS, in some fashion. You need to be in front of the Buyers and they are with Agents looking through the MLS for their next home. The For Sale By Owner (FSBO) solution we offer through The Ultimate Marketing Partner System™ will provide the FSBO exactly the tools they need to get full exposure to the entire marketplace.

SAVE money while getting exposure, what could be better. Imagine having pre-qualified, interested Buyers coming to see your home and having someone else to handle their side of the table. You don’t have to imagine too hard. Just click the banner below to get started on having your home listed, getting professional grade tools that you simply could not get at this price on your own, in fact on your own it would cost you roughly $2,000 to get these tools.




SO GO AHEAD AND GET STARTED

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morefsbos-dot-com choose your payment method MORE Realty Services LLC

The Ultimate Marketing Partner System™

See our entire list of Orlando area For Sale By Owner Service Features Here!


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