How Realtors and Agencies Work

Questions about how real estate agents and agencies work? Here are some quick facts:

  1. Payment
    When listing a property, the seller usually works with a listing agent to determine how much compensation to offer their listing agent and the eventual buyer’s agent. Both agents are compensated by the seller at closing.
  2. Representation
    We represent you, the buyer, and have your best interests in mind. Listing agents represent the seller and have their best interests in mind. An agent can represent both parties, as long as the agent discloses the relationship to both parties and the buyer and seller authorize the agent to represent both sides.
  3. Additional Information
    The Consumer Guide to Agency Relationships explains more about compensation, agency relationships and other agency policies.