Real estate commission is the fee charged by an intermediary institution or person operating in the real estate sector for real estate purchase or sale transactions. This fee is usually set as a percentage of the value of the property and is paid after the sale or lease transaction has taken place.

A real estate commission is a fee charged to the owner or tenant and is a compensation for the services provided by the real estate consultant or real estate agent. It is common practice for those working in the real estate sector to earn income through these commissions.

A real estate commission is calculated as an amount determined by a number of factors. These factors include the value of the property, the nature of the services provided during the purchase or lease process, market demand and commissions charged on other similar real estate transactions. Taking into account the volume or problematicity of transactions, the commissions charged by real estate agents may differ.

To give an example of how a real estate commission works, a real estate agent makes an agreement with a property owner and presents the property to potential buyers. The buyers are assisted by the agent in the process of viewing the property, evaluating it and obtaining all the necessary information. If a buyer likes the property and the purchase goes through, the real estate agent will charge a commission of a certain percentage of the sale value. This commission is paid after a successful real estate transaction.

Real estate commissions provide a professional service in buying or selling real estate. Real estate agents follow market trends, perform property valuation, advise clients, ensure the smooth execution of sale or lease transactions and manage the negotiation process between the parties. These services are a great convenience for buyers and sellers and ensure the proper functioning of the real estate market.

As a result, a real estate commission is a fee charged by the real estate consultant in real estate purchase or sale transactions. This commission is a compensation for the professional services provided and is usually calculated as a percentage of the property value. Real estate commissions represent an important service for buyers and sellers, while helping real estate professionals to secure their income.