What Realty Fees Are Applied When Selling Property With Cornerstone Realty?

What Realty Fees Are Applied When Selling Property With Cornerstone Realty?

Although Cornerstone Realty does not publish its fees on its website, real estate agents are generally paid on commission, and the most common commission rate is 6 percent, according to Realtor.com. This means that if a home sells for $100,000, the real estate agent’s commission is $6,000 in most states.

Sellers may face other fees when selling a home, notes Realtor.com. These include taxes, lien release documents, recording fees and fees for verification of documents by a notary. Escrow fees and fees for title searches may also be assessed. In addition, a seller may also agree to a closing cost concession, which covers the buyer's closing costs; this usually amounts to around 3 percent of the price of the home as of 2015.