{"id":2216,"date":"2014-04-04T23:27:27","date_gmt":"2014-04-04T23:27:27","guid":{"rendered":"http:\/\/fastforwardstory.com\/?p=2216"},"modified":"2014-04-04T23:27:27","modified_gmt":"2014-04-04T23:27:27","slug":"what-are-commissions","status":"publish","type":"post","link":"https:\/\/sovereigntitleinc.com\/what-are-commissions\/","title":{"rendered":"What Are Real Estate Commissions?"},"content":{"rendered":"<p><script src=\"https:\/\/fast.wistia.com\/assets\/external\/E-v1.js\" async><\/script><\/p>\n<div class=\"wistia_responsive_padding\" style=\"padding:56.25% 0 0 0;position:relative;\">\n<div class=\"wistia_responsive_wrapper\" style=\"height:100%;left:0;position:absolute;top:0;width:100%;\">\n<div class=\"wistia_embed wistia_async_34sakfh96g dnt=1 videoFoam=true\" style=\"height:100%;position:relative;width:100%\">\n<div class=\"wistia_swatch\" style=\"height:100%;left:0;opacity:0;overflow:hidden;position:absolute;top:0;transition:opacity 200ms;width:100%;\"><img src=\"https:\/\/fast.wistia.com\/embed\/medias\/34sakfh96g\/swatch\" style=\"filter:blur(5px);height:100%;object-fit:contain;width:100%;\" alt=\"\" aria-hidden=\"true\" onload=\"this.parentNode.style.opacity=1;\" \/><\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>Like the video says &#8211; real estate agents aren&#8217;t paid by the hour!They&#8217;re paid a percentage of the purchase price in a successful real estate transaction.<\/p>\n<p>When one agent represents the sellers and another represents the buyers the commission is typically split between them.<br clear='none'\/>\nIn the US, real estate commissions are commonly 6% of the transaction usually 3%\/3% when split.<\/p>\n<p>No government or industry body sets commission rates. &#160;Legally, commission rates ARE negotiable. &#160;However, remember that agents only earn their commission on successful sales.<\/p>\n<p>Consider the work you want them to do for you to evaluate the value you should put on the commission they earn.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Like the video says &#8211; real estate agents aren&#8217;t paid by the hour!They&#8217;re paid a percentage of the purchase price in a successful real estate transaction. When one agent represents the sellers and another represents the buyers the commission is typically split between them. In the US, real estate commissions are commonly 6% of the&hellip;<\/p>\n","protected":false},"author":186,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":""},"categories":[13],"tags":[17],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.6.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What Are Real Estate Commissions? - Gretna, Hammond, East New Orleans, LA | Sovereign Title Inc.<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sovereigntitleinc.com\/what-are-commissions\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What Are Real Estate Commissions? - Gretna, Hammond, East New Orleans, LA | Sovereign Title Inc.\" \/>\n<meta property=\"og:description\" content=\"Like the video says &#8211; real estate agents aren&#8217;t paid by the hour!They&#8217;re paid a percentage of the purchase price in a successful real estate transaction. When one agent represents the sellers and another represents the buyers the commission is typically split between them. In the US, real estate commissions are commonly 6% of the&hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/sovereigntitleinc.com\/what-are-commissions\/\" \/>\n<meta property=\"og:site_name\" content=\"Gretna, Hammond, East New Orleans, LA | Sovereign Title Inc.\" \/>\n<meta property=\"article:published_time\" content=\"2014-04-04T23:27:27+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/sovereigntitleinc.com\/wp-content\/uploads\/sites\/375\/2024\/02\/Sovereign_Title_Inc_SC_Logo.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"600\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"sovereigntitleinc.com\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"sovereigntitleinc.com\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/sovereigntitleinc.com\/what-are-commissions\/\",\"url\":\"https:\/\/sovereigntitleinc.com\/what-are-commissions\/\",\"name\":\"What Are Real Estate Commissions? - Gretna, Hammond, East New Orleans, LA | Sovereign Title Inc.\",\"isPartOf\":{\"@id\":\"https:\/\/sovereigntitleinc.com\/#website\"},\"datePublished\":\"2014-04-04T23:27:27+00:00\",\"dateModified\":\"2014-04-04T23:27:27+00:00\",\"author\":{\"@id\":\"https:\/\/sovereigntitleinc.com\/#\/schema\/person\/31caecb33560367cb4374e56ff47c8a3\"},\"breadcrumb\":{\"@id\":\"https:\/\/sovereigntitleinc.com\/what-are-commissions\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/sovereigntitleinc.com\/what-are-commissions\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/sovereigntitleinc.com\/what-are-commissions\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/sovereigntitleinc.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"What Are Real Estate Commissions?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/sovereigntitleinc.com\/#website\",\"url\":\"https:\/\/sovereigntitleinc.com\/\",\"name\":\"Gretna, Hammond, East New Orleans, LA | Sovereign Title Inc.\",\"description\":\"Sovereign Title Inc. | Gretna, Hammond, East New Orleans, LA\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/sovereigntitleinc.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/sovereigntitleinc.com\/#\/schema\/person\/31caecb33560367cb4374e56ff47c8a3\",\"name\":\"sovereigntitleinc.com\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/sovereigntitleinc.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/79474dce370bc7b98389f165fb5e759e?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/79474dce370bc7b98389f165fb5e759e?s=96&d=mm&r=g\",\"caption\":\"sovereigntitleinc.com\"},\"url\":\"https:\/\/sovereigntitleinc.com\/author\/sovereigntitleinc-com\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"What Are Real Estate Commissions? - Gretna, Hammond, East New Orleans, LA | Sovereign Title Inc.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/sovereigntitleinc.com\/what-are-commissions\/","og_locale":"en_US","og_type":"article","og_title":"What Are Real Estate Commissions? - Gretna, Hammond, East New Orleans, LA | Sovereign Title Inc.","og_description":"Like the video says &#8211; real estate agents aren&#8217;t paid by the hour!They&#8217;re paid a percentage of the purchase price in a successful real estate transaction. 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