So it's important to walk through how the payments are made throughout the process because there are actually a couple different layers. The first is between the seller and the listing broker so in the listing agreement that the seller and the listing broker sign, there is a commission that has agreed upon. So most commonly that's 6% of the purchase price. The listing broker then turns around tells all of the buyer agents in the city that they are agreeing to split that 6% 50/50 if the buyer's agent brings a buyer. So that 6% now gets cut down to 3% per side. So most of the time your buyer's agent will get paid 3% of the purchase price. An alternative is to get a commission rebate from Yoreevo. So what we do is we take 2/3 of that commission and we give it back to you by closing as a commission rebate. That's literally a check at closing, it can save you a ton of money. So if you have any questions about that or you'd like to go into more
detail please feel free to reach out to me my email is james@yoreevo.com. I read every email, I'll respond to you quickly and I'm happy to explain how we can save you a bunch of money on your apartment purchase.