|
The Best
Brookline and Newton Web Sites |
|
Boston
Nightlife |
Local Arts &
Culture |
|
|
|
|
Transportation |
Education |
|
|
|
|
Education - Private
Elementary Schools |
Education - Private
Secondary Schools |
|
|
-
Belmont Hill,
Belmont
-
Boston College High School,
Boston
-
BU Academy,
Boston
-
Brimmer and May, Chestnut
Hill
-
Buckingham, Browne &
Nichols, Cambridge
-
The Cambridge School,
Weston
-
Catholic Memorial,
Boston
-
Commonwealth School,
Boston
-
Dana Hall,
Wellesley
-
Fontbonne Academy,
Milton
-
Matignon High,
Cambridge
-
Milton Academy,
Milton
-
Mount Alvernia,
Newton
-
Newton Country
Day
-
Noble &
Greenough
-
Phillips Academy,
Andover
-
The Rivers School,
Weston
-
Roxbury Latin,
Boston
-
Trinity Catholic,
Newton
-
The Winsor School,
Boston
|
|
Health Care - Local
Hospitals |
Health Care -
Information |
|
|
|
|
Local
Newspapers |
Sports |
|
|
|
|
Upscale
Shopping |
Home
Improvement |
|
|
|
|
Furniture |
My Personal
Favorites! |
|
|
|
|
Brookline Area Maps & Useful Local Web Sites
Request my Free Brookline Relocation Package. It's packed full of useful and important information about the Brookline, Massachusetts area. Don't move here without it! Remember: I'll send it to you for free and without obligation. Just fill out the form and I will send it right out...
Agency >Who Pays the Commission
Does it cost the homebuyer more to be represented by a buyer's agent who serves their interests exclusively? No, because the listing agent splits the sales commission, which is customarily paid by the seller of the home, with the buyer's agent. The sales commission split is usually 50-50, but the listing agent and buyer's agent will sometimes make another agreement and split the commission unequally.
There is one very unusual circumstance in which the homebuyer might pay a commission to their buyer's agent. The real estate agent might show the buyer a local "for sale by owner" (FSBO) home which the client decides to purchase. In most cases, the FSBO seller who is presented with a qualified buyer is glad to pay the buyer's agent a reduced fee of about 3 percent, or half of a normal sales commission. But the FSBO seller could stubbornly refuse to pay the buyer's agent any commission whatsoever. In that case, the buyer's agent would legitimately expect the buyer to pay the sales commission, in fair exchange for the agent finding the FSBO home and negotiating a successful transaction.
|
| Q |
What is a "jumbo mortgage"?
|
| A |
The term "jumbo mortgage" currently refers to a mortgage loan in excess of $359,650, although the threshold amount may change as the market fluctuates. |
 See More Real Estate Trivia > |
|
|
|
- NUMBER1EXPERT™ 
