Who Pays the Realtor?
You’re thinking about purchasing a home and you want the help of a Realtor. Why? Well, they’re connected, they’re knowledgeable, and let’s face it, you just don’t have time to do it on your own. So, decision made you’re going to hire a Realtor, but what’s it going to cost?
Buyer? You don’t pay a dime. All that time, expertise and help is free. Yep, that’s right, free. A Realtor’s commission is paid by the seller for bringing a ready, willing and able buyer to them. The commission is paid only when the transaction closes.
Seller? How much is the commission? Commissions are always negotiable; however, there is a standard rate of 6% of the purchase price in Kansas. A good Realtor earns their commission through good communication, following through with promises, ensuring all parties have the pertinent information they need, and guiding the transaction to a successful closing.
Whether you are a buyer or seller, you can breathe easy knowing you have an experienced Realtor on your side.