the seller and their agent. After the brokerage receives its portion, it then pays the individual agents according to their internal agreements. It's important for both buyers and sellers to understand that while this is the current standard practice, the real estate industry is dynamic, and practices can vary. In some cases, different arrangements might be made for commission payments, especially in light of evolving industry regulations and market conditions. As a buyer or seller, it's advisable to discuss commission structures with your agent to fully understand how they will apply to your specific transaction.
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