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Life in the USA is a complete guide to American life for immigrants and Americans. All materials on this siteCopyright © Elliot Essman 2007. All rights reserved. Home Back Next
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Life in the USA American Community Housing
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Real Estate Brokers
Real estate agents and brokers ("realtors") are a fixture in American life. They operate differently in different states and communities, but basically the broker works (often very hard) to match a seller with a buyer, or a landlord with a tenant. The broker will received a commission based on a percentage of the sale price or annual rent of the home or apartment.
Most private homes are sold through brokers, but many apartments are rented
without using brokers, directly by landlords. Large apartment buildings and complexes may
have rental offices which do not charge extra broker fees. In some areas where apartments are
difficult to find, it may save much time and effort, however, to pay a broker's fee so the
broker does the work for you.
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