Facts about Real Estate Commissions

Louisiana REALTORS® • August 15, 2022

Real Estate Commissions - How They Work, Facts & FAQ

It is important to understand not only how real estate commissions are paid but to also understand the tool used in listing a property, MLS.  The National Association of REALTORS® has created a resource for real estate agents and consumers to help answer some of the most common questions and explain the basic information every buyer and seller needs to know. 

Real Estate Commission FAQs
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NAR is pleased to share the latest consumer guide focused on how the VA Home Loan offers a great path to homeownership for current and former military service members. As a reminder, all guides in this series are available for download—in both English and Spanish—on facts.realtor . Please allow a few days for the Spanish version of the latest resource to be translated and uploaded. For ease of reference, below is a list of the most recent guides: NEW: What Is the VA Home Loan Guaranty? 10 Tips for Packing Smartly for a Move State and Local Tax (SALT) Deductions Buying a Historic Property Making Your Home More Energy Efficient Working with a Real Estate Attorney Thank you for your continued engagement with the “Consumer Guide” series and for sharing the resources with prospective clients to ensure they have the information they need to find success in their homebuying or selling journey. Remember that these guides are for informational purposes only and are not meant to enact or change any existing NAR policy. Be on the lookout for the next consumer guide, which outlines requirements for private mortgage insurance and how it protects lenders and consumers.
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