| How much does a real estate agent make from refinancing a home?

How much does a real estate agent make from refinancing a home?

Travel Boy asked:


I am refinancing my home through a real estate agent.

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Comments

7 Responses to “How much does a real estate agent make from refinancing a home?”

  1. oldfootlose on May 4th, 2009 4:54 pm

    WHY???
    do it on the phone
    there must be 5 - 10 refinance adds on TV.
    All say NO fees
    get real

  2. Doctor J on May 6th, 2009 12:54 am

    A “Real Estate Agent” or a “Mortgage Broker”???

  3. marlio on May 9th, 2009 4:11 am

    Why are you using a real estate agent? You can deal directly with a mortgage broker.

  4. kate on May 9th, 2009 6:38 am

    You are the ONLY person I’ve ever heard of ,
    to bring in a totally unnecessary 3rd party to do a refinance .
    Normal people just use the lenders . . .
    Yours will make whatever they were able to sucker you into per whatever contract / paper you signed with them . . .
    And how much does your paperwork say ?

  5. helpme on May 10th, 2009 9:27 pm

    U R GIVING $$$$$$ AWAY SAY U R FIRE REAL ESTATE AGENT AND U SAVE THE $$$$ 4 CLOSING COST

  6. linkus86 on May 13th, 2009 12:32 am

    Some states require mortgage brokers to have real estate licenses too, where as some states won’t let Realtors be mortgage brokers. It sounds like you are working with a Realtor who is a mortgage broker on the side. A Realtor is not commissioned in a refinance, but if he is acting as a mortgage broker he is, and is probably making between 1.5-4% of the loan amount.

  7. dmmls on May 15th, 2009 12:24 am

    Real Estate agents make NO money from a re-fi….