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Real Estate Commissions: The Eye-Opening Truth You Need to Know

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If you have ever sold a property through a realtor, you most likely paid a real estate commission for those who are hearing this term for the first time, Detroit Cash For Homes is here to enlighten you with some knowledge. With years of experience in the industry offering reliable solutions to homeowners, we have gained popularity as a leading real estate cash buyer in Michigan .   Let us begin with the basics.   What is a real estate agent commission? A real estate commission is an incentive you pay to your prospective realtor for helping you achieve higher sale prices. Usually, a homeowner agrees with a real estate agent to pay a fee once they sell the property. A real estate agent commission is 6% of the total home sale price. A seller has to sign an agreement with these details. Below are the services you get by paying real estate commissions. It includes: Housing expertise Advertising   Easy access to multiple listing services Hosting show days Connecting potential buyers Signage