Do Realtors Get A Commission On New Construction?
Posted by Florida Realty Marketplace on
Do Realtors Get A Commission On New Construction?
Most of the time the answer to this popular question is yes. However, there are a bunch of factors that go into what gets paid to a Realtor and what builders offer.
While some home buyers looking at homes for sale in Clermont Fl are wondering if they will have to come out of pocket, most are asking for another reason. Generally speaking, when a home buyer asks, “do Realtors get a commission on new construction?” they are typically asking because they want a discount. We’ll cover if that’s a good idea or not as well. Then, we need to understand how builders make money and where their money goes.
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This is a common question from home buyers and sellers alike. The reason it’s so common is that the answer is, “it depends.” In general, from signed contract to the closing table can take 30 to 90 days. In order to answer the question more specifically of how long does it take to close on a house, we have to define what “closing” is and look at what could possibly make the closing take longer.