How does it work in DR? when someone decides to sell their property, do they sell through a specific agency, the same way as it is in US? the property goes to some sort of national listings database and every real estate agent who has a subscription can see it? Couldnt find this sort of information in google.
If other agent sold it, how do they share commissions, who gets what?
my understanding is that real estate industry is not very regulated so markup of 30-40% is nothing unusual plus no real estate licence is required so anyone and their uncle can sell properies and form a chain because eveyone wants a percentage? please explain. many thanks!
If other agent sold it, how do they share commissions, who gets what?
my understanding is that real estate industry is not very regulated so markup of 30-40% is nothing unusual plus no real estate licence is required so anyone and their uncle can sell properies and form a chain because eveyone wants a percentage? please explain. many thanks!