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  2. Texas Real Estate Commission - Wikipedia

    en.wikipedia.org/wiki/Texas_Real_Estate_Commission

    The Texas Real Estate Commission(TREC) is the state agency that governs real estate practices in the state of Texas. The agency is headquartered at 1700 North Congress in Austin. [ 1 ] TREC is composed of nine members appointed by the Governor with the concurrence of the Texas Senate. The members are appointed for six-year terms, with the terms ...

  3. Who pays closing costs in Texas? - AOL

    www.aol.com/finance/pays-closing-costs-texas...

    Real estate commissions: If you’ve hired a real estate agent, you’ll be responsible for paying their commission fee. This usually runs between 2.5 and 3 percent of the home’s sale price ...

  4. How do real estate agent fees and commissions work? - AOL

    www.aol.com/finance/real-estate-agent-fees...

    A 5 percent real estate commission on that price would come to $12,500. But in San Francisco, where the median was a considerably higher $1.37 million, a 5 percent commission would come to $68,500.

  5. Real estate commission rules are about to change. Here's how ...

    www.aol.com/news/real-estate-commission-rules...

    On Aug. 17, rules surrounding real estate commissions are set to change thanks to a legal settlement between the National Assn. of Realtors and home sellers. Proponents hope the new rules will ...

  6. Real estate agent - Wikipedia

    en.wikipedia.org/wiki/Real_estate_agent

    Real estate agent. Real estate agents and real estate brokers are people who represents sellers or buyers of real estate or real property. While a broker may work independently, an agent usually works under a licensed broker to represent clients. [1] Brokers and agents are licensed by the state to negotiate sales agreements and manage the ...

  7. Listing contract - Wikipedia

    en.wikipedia.org/wiki/Listing_contract

    Higher category: Law and Common law. v. t. e. A listing contract (or listing agreement) is a contract between a real estate broker and an owner of real property granting the broker the authority to act as the owner's agent in the sale of the property. [1]

  8. The future of real estate commissions post-Realtor settlement

    www.aol.com/finance/future-real-estate...

    If the buy-side agent no longer is paid from the listing commission, then that means the buyer is responsible for paying their agent directly — a sum that would average about $10,000, based on a ...

  9. Real estate license - Wikipedia

    en.wikipedia.org/wiki/Real_estate_license

    Real estate license. A real estate license is an authorization issued by a government body to give agents and brokers the legal authority to represent a home seller or buyer in a real estate transaction. Real estate agents and real estate brokers are required to be licensed when conducting real estate transactions in the United States and many ...

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