I mean, come on. Okay. Here's how real estate agents get paid. Let's say you want to sell your house. You call up your friendly real estate agent. They come over, they're talking to you in their living room, and they say, “We will list your house and we will sell it for a commission that is fixed.”

Usually, it's five to 6%. It is not set by law. It's always negotiable.

Let's say you agree to 6%. So that agent is going to then take the paperwork, they're going to put it on the multiple listing service, and on that multiple listing service, they're going to say to any buyer's agent that brings an offer that gets accepted, that we will pay you, let's say 3%. Usually, it's split down the middle. So if you, the seller, are paying your listing agent 6% total, they will split that with whatever agent brings the buyer. When the transaction closes as a buyer, you do not pay your real estate agent. You do not cut them a check. At the end of it, it says, “Thanks for all your hard work. Here you go.” And yeah, you could argue that, well, I actually do as a buyer, pay my agent because it's baked into the price. And you're right, it is. But so is all the other costs that go along with selling a house too.

The normal way of doing business is if you're a buyer, find a really good agent that can help you, and then they'll get paid by doing their hard work. As a seller, it's the same thing. Find somebody that you can trust. Let them earn your money and get them the most money for your house in the shortest amount of time with the least amount of hassle.

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