The commission is then divided between agents of the buyer and seller. Here are some of the new-style brokers and what they charge. Calif. Rates depend on service level. Planning to expand statewide. YourHomeDirect. com New Jersey Rates depend on service level.
Seller saves by showing own home.
Expansion plans for Chicago, Los Angeles, San Diego and Washington. Planning to expand to 30 markets in the next 18 months. The first wave mostly was a collection of advertising sites that channeled prospective buyers to traditional brokerages. The new wave involves licensed real estate firms seeking a piece of a house deal for themselves. They rely heavily on the Internet and technology to attract customers and to track mortgage applications, home inspections, appraisals and the like.