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Real Estate Agent – This is the person you’ve got usually signed a partnership with to trade your existing home. When you hire a Real Estate Agent as your selling agent they will have promoting expenses, travel expenses, office expenses. That is the way they earn their commission which you outlay cash. Real Estate Broker – Usually a representative works within a licensed broker and people contracts that your particular agent had you sign to acquire or sell a home are usually with all the Real Estate Broker’s company. They have building overhead, office expenses, and salaries. The commission you pay your agent is split with all the broker. Prorated Property Taxes – The seller accounts for their property taxes around the closing date
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