You may be wondering how real estate agents get paid when they help someone buy or sell a house. Most make money through a commission based on a percentage of a home’s selling price. In most cases, the seller pays the realtor fees, but this is not set in stone.
Not many people know that they can lower the commission percentage by negotiating the agent’s rate or having the buyer pick up part of the fee. Use this Real Estate Commission Calculator to compare how much you can save by negotiating your agent’s rate.