Yes, it is true real estate commissions are negotiable.
Agents are independent contractors who set their own rates. Some agents will not negotiate. Even though commissions are negotiable agents do not have to negotiate.
There are many real estate agents to choose from. In fact, there are more agents than there are houses to sell. If one agent charges too much and won’t come down in price find an agent who will.
Real estate agents are salespeople taught how to sell themselves and negotiate fees and commissions. Real estate agents do not get paid until after a sale closes and most work on a 100% commission basis. There are no paid vacations and there is no group health insurance.
Real estate commissions and fees are spelled out in the contracts home buyers and sellers sign. It is a good idea to read the contract before signing it.
It is true that real estate agents can make a lot of money but most do not.
