# Real Estate Commission

**IRI:** https://folio.openlegalstandard.org/RZYXLke0clPKdsZaimRsPl

## Labels

## Definition

A real estate commission is a fee paid to real estate agents or brokers for their services in facilitating the sale or purchase of property. It is typically a percentage of the final sale price and compensates the agent for their efforts in marketing, negotiating, and closing the real estate transaction

## Sub Class Of

- https://folio.openlegalstandard.org/Ry9hX7PSumXkvA5dFwO49X

## See Also

- https://folio.openlegalstandard.org/R9Q9CszYRTjTgwQ8JRqVZ0x

**Deprecated:** False