Here’s How It Works
Standard real estate commissions are paid by sellers; buyers pay nothing. There is a difference between a real estate agent (also known as a salesperson) and a real estate brokerage company (also known as a broker).
Typically, the buyer’s agent and seller’s agent split a commission that’s paid by the seller from the proceeds of the sale. Traditional real estate agents, who are employed by larger brokerages like Corcoran and Halstead, must share their halves of that commission with the companies that employ them.
Because of ABA’s small size and efficient management structure, we can act as both agent and brokerage and don’t have to share our commission with a larger company. Instead, we pass a portion of our increased earnings on to you. At the closing table you receive a check of up to 1.5% of the purchase price. For example, 1% on a one million dollar condo would be $10,000 to you, the buyer.
To learn more, please contact us.
