Conroe, Lake Conroe and Montgomery real estate and homes for sale in Texas, waterfront properties, luxury homes - The Marion Franke Team, REALTORS® The Marion Franke Team REALTORS(r) for Conroe, Lake Conroe and Montgomery, Texas real estate, waterfront properties, luxury homes - NUMBER1EXPERTS™ The Marion Franke Team NUMBER1EXPERTS(tm) for Conroe, Lake Conroe and Montgomery, Texas real estate, waterfront properties, luxury homes
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Real Estate Tips
Agency >Who Pays the Commission

Does it cost the homebuyer more to be represented by a buyer's agent who serves their interests exclusively? No, because the listing agent splits the sales commission, which is customarily paid by the seller of the home, with the buyer's agent. The sales commission split is usually 50-50, but the listing agent and buyer's agent will sometimes make another agreement and split the commission unequally.

There is one very unusual circumstance in which the homebuyer might pay a commission to their buyer's agent. The real estate agent might show the buyer a local "for sale by owner" (FSBO) home which the client decides to purchase. In most cases, the FSBO seller who is presented with a qualified buyer is glad to pay the buyer's agent a reduced fee of about 3 percent, or half of a normal sales commission. But the FSBO seller could stubbornly refuse to pay the buyer's agent any commission whatsoever. In that case, the buyer's agent would legitimately expect the buyer to pay the sales commission, in fair exchange for the agent finding the FSBO home and negotiating a successful transaction.

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Real Estate Trivia
Q 
What does the abbreviation PITI stand for?

A 
Principal, Interest, Taxes and Insurance are the four major items included in a monthly mortgage payment.
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The Marion Franke Team, REALTORŪ, real estate agents and broker for Conroe, Lake Conroe and Montgomery Texas home listings, property and land for sale - NUMBER1EXPERT(tm)

The Marion Franke Team
Keller Williams Conroe/Lake Conroe

5452 Highway 105 West, Ste. 105
Conroe, TX. 77304
Phone: 936-647-4400
Toll Free: 800-518-7755
Fax: 936-647-4401
Email: Marion@ConroeRealEstate.com

The Marion Franke Team's expertise covers all areas of the industry from Residential, to Commercial, to advances in Technology. Having specialists in these fields allow the team to provide a professional experience in all aspects of Real Estate.

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