In some areas of the country there is a certain percentage that real estate agents expect to earn as a fee. This fee amount is a certain percent of the sales price.  When completing the listing agreement, you and your agent will agree on the amount of the real estate Brokerage fee.

Your listing contract specifies a listing/asking price.  Once the sale has closed, the real estate broker gets paid from the proceeds of the sale at the actual closing.

If a seller backs out or does not accept an offer that meets the price and terms of the listing agreement, the listing broker has still earned the Brokerage fee. They will want to be paid, even though you did not actually close on the sale of your home. Therefore, it is very important to carefully consider every detail when completing your listing contract and accepting an offer to sell your property.

Review the market analysis and Doug's valuable market experience.