Real Estate Commission is the way real estate agents are paid for the services they provide. They receive a percentage of the price of the property. Effectively, the real estate agent requires the seller of a property (the seller) to sign over to the real estate agent part of the property being sold.
Another way to look at it is to say that the real estate agent, through the formulation of the listing contract actually his name added to the deed to the property of the seller so that the real estate agent becomes part-owner of the property. When the property seller, real estate agent receives a payment representing his share in the property of the seller.
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yes, it makes sense that people sign property seller to enjoy benefits of their services but hard to find a residential property seller in Manhattan Residential property seller Manhattan
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