“It happens more often than people imagine. Your home is on the market with a standard listing agreement, usually for a 6% commission split between the listing real estate agent and the buyer’s agent. Then, unexpectedly, you find a buyer yourself. Maybe it’s a friend of a friend, a neighbor’s cousin, or someone who happened to walk by your property and knocked on the door after seeing a for sale sign. The buyer wants the house and you want to sell it. So you tell your listing agent. That’s when some sellers feel a sudden jolt of frustration: why does the listing agent still want a 5% commission?”
Glenn Rotton, Writer
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