Page 4 - Felicia Mandell-Snell Buyer Guide

® ®
W Wh hy y d do oe es s a a R RE EA AL LT TO OR R c ch ha ar rg ge e c co om mm mi is ss si io on n? ?

PAGE
PAGE 1
Your REAL ESTATE agent is a self employed business professional. Their job is to represent you
in the transaction of REAL ESTATE. Whether you are selling a home, o r l o o k i n g t o p u r c h a s e
p r o p e r t y . A R E A L E S T A T E a g e n t i s h i r e d b y y o u t o represent your best interests not
just financially, but to help you achieve your realistic expectations. As a licensed REALTOR ® a
huge amount of responsibility goes along with the job, not only to serve you as a client, but to help
protect you and your interests.

Being a REALTOR is not a nine to five job, there is no wage or salary check from their employer
®
at the end of each pay period and no hourly rate is determined by a labor board. Your
REALTOR® is paid only at the successful close of escrow on the property in question.

Being a REALTOR ® is just like operating your own business. Your agent faces similar
“overheads” found in any business venture with a good portion of their commission satisfying these
business related expenses, which directly help serve you a s a c l i e n t . D e p e n d i n g o n t h e a g e n t a n d
t h e a g e n c y h e / s h e r e p r e s e n t s , t h a t commission is often split with their REAL ESTATE office to
help cover the “cost of doing business”.

Other REALTOR expenses come in many forms. Advertising your house, or their services via
®
magazines and newspapers is extremely expensive. A single page in a “free” publication (i.e., found at
the grocery store), can cost several hundred dollars alone each month.

Transportation, vehicle operating costs and rising gasoline prices are also a very expensive portion of a
REALTOR’S ® business. Office space/facilities and equipment are a monthly expense for your
®
REALTOR . “Cutting edge” technology costs money and computers, printers, hardware, software,
web-pages, e-mail, cell phones with airtime and long distance, pagers, renewal hours and continued
education classes are just some of the things which must be paid by your agent before a
commission is ever paid.

When you retain a REAL ESTATE agent, please remember that they are working hard for you
and the commission that they earn is typically well deserved.

PAGE

PAG Pioneer Title Agency
Pioneer Title Agency
COMMITMENT TO SERVICE
COMMITMENT TO SERVICE
EPA

Page 2