Who gets what on a $350,000 listing:
Realtors typically charge 6 percent of the sales price, split as follows:
Seller's agent: $11,550 (3.3%)
Buyer's agent: $9,450 (2.7%)
Total: $21,000 (6.0%)
Seller's agent: $3,000*
Buyer's agent: $9,450*
Total: $12,450*
Webdigs takes one-third of the buyer's agent fee or $3,000, whichever is greater. The rest is passed on to the buyer. In this case that means:
Webdigs' share: $3,150
Buyer receives: $6,300
Seller pays: $12,450
Seller's agent gets: $3,000
Webdigs gets: $3,150
Buyer gets: $6,300
*If paid at closing; $2,000 if paid upon listing. Source: Webdigs.com
Just as Lawrence Kazmerski, a top official at the National Renewable Energy Laboratory, was about to give the keynote address at the University of Minnesota's annual E3 conference at the RiverCentre in St. Paul, the lights went out, bathing the audience in darkness and a deep sense of irony.
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