Want to reduce your mortgage broker's commissions?
Do you think the commissions that real estate agents and mortgage brokers receive are too high?
You're not alone, and this is leading many entrepreneurial brokers to change their commissions - some are even willing to rebate a large percentage of their commissions back to you. One of this companies is Buyside.
"People selling homes typically pay commissions of 5% to 6% of the price, which is split between brokers representing the buyer and seller. On a $300,000 home with a 3% cut for the broker representing the buyer, BuySide would earn $9,000 and pay 75% of that, or $6,750, as a rebate to the buyer."
More on this article, (RealEstateJournal)
Need a mortgage broker?
You're not alone, and this is leading many entrepreneurial brokers to change their commissions - some are even willing to rebate a large percentage of their commissions back to you. One of this companies is Buyside.
"People selling homes typically pay commissions of 5% to 6% of the price, which is split between brokers representing the buyer and seller. On a $300,000 home with a 3% cut for the broker representing the buyer, BuySide would earn $9,000 and pay 75% of that, or $6,750, as a rebate to the buyer."
More on this article, (RealEstateJournal)
Need a mortgage broker?
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