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Nairaland Forum / Nairaland / General / Investment / What Does Luvanex Make On Every Property You Buy? (141 Views)
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What Does Luvanex Make On Every Property You Buy? by segkinge: 1:15pm On Jul 15, 2022 |
The vast majority of real estate agents are commission agents. That means they get most (or all) of their income when they sell (or help buy) a home. Generally speaking, when a person sells a home with the help of a real estate agent, the seller pays a commission of 3%-5% on the sale price of the home. Our arrangement is to earn a 3% commission. When selling a home for $250,000, the expected 3% commission to be made on this sales is $7,500. Real Estate Company must also pay their own expenses (including client transportation expenses, professional association fees, posters, advertising expenses, and other expenses). WHAT DO WE CHARGE? We charge only 3% of the house value, which is to be paid by the property seller directly to Luvanex Realty.
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