How does my realtor get paid??

Commissions are typically paid from the current owner / seller of the house. Typically 6% commission, 3% to the listing agent, and 3% to your agent.

- Tom

on the side and he'll work more with you.

Be cheap and your phone calls might not be returned

10-4 Thanks. So if my assignment fee is $5K do I give her $1K (20%)?

If yes, how am I reporting it for taxes?

Thanks

Take her out to lunch and tell her how much money that she is going to make by working with you. Then let her pay the tip.

She gets paid by the seller.

Vincent