My little blog about discount real estate brokerage
The seller bears full responsibility for payment of the real estate commission; the buyer is responsible for nothing. Lately, though, buyer brokers have been giving a portion of their share of the commission to their clients in the form of a real estate commission rebate. This new way of doing business was conceived out of the growth in online real estate listings. More and more people are relying on the power of the Internet to buy and sell homes; thus, brokers are doing less work for their real estate commissions. In response, some Multiple Listing Service agencies have begun to offer flat fee real estate listing services to sellers, in which they act primarily as contact points for sellers and their prospective buyers.