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Nov 8, 2023 · Notices and Bulletins. This section of Commercial Licensing issues licenses to candidates who meet the regulatory requirements for real estate brokers and salespersons. It also regulates real estate schools' curriculum and contracts with a testing vendor to provide licensing exams.
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Real Estate Administrator (DBR) Department of Business Regulation. 1511 Pontiac Avenue, Bldg. 69-1. Cranston, RI 02920 (401) 462-9645. william.deluca@dbr.ri.gov
Fiscal Officer, Real Estate Appraisers Real Estate Commission and Real Estate Appraisers- General Inquiries Phone: (401) 462-9546 Email: amanda.prout@dbr.ri.gov
- How Much Are Realtor Fees in Rhode Island?
- How Can I Pay Less on Realtor Fees in Rhode Island?
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In Rhode Island, average realtor fees total 5.50%. For the average Rhode Island home priced at $435,415, that translates to a $23,948 commission. The seller typically pays this commission out of the proceeds from the home sale. Rhode Island’s average commission of 5.50% is less than the national average of 5.49%, and it’s trending downward. In 2021...
While it may take some outside-the-box thinking, there are a few ways you can save on realtor fees: 1. Negotiate with a traditional real estate agent or broker 2. Work with a discount real estate broker 3. Sell without a realtor
We regularly survey our pool of 14,000 partner agents nationwide on the commission rates they use for buying and selling. These data points are averages based on responses we’ve received from 2 agents across Rhode Island. We also interviewed real estate broker Joy Riley of Westcott Properties.
Zillow Home Value DataClever Real Estate Commission Survey DataLearn how much you'll pay in realtor fees when you sell your home in Rhode Island, and how to negotiate or save on commission. Compare discount brokers and find local agents for a low listing fee.
May 23, 2024 · Rhode Island Real Estate Commission has commissioned RISC to offer real estate errors and omissions (E&O) insurance to Rhode Island licensees. The program is designed specifically for Rhode Island licensees and exceeds state minimum requirements.
Rhode Island real estate law requires examinations for all real estate brokers, salesperson, and real estate appraisers. The Real Estate commission grants Licenses and Certificates to real estate schools for administering educational requirements and compliance.
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Jun 1, 2024 · 5.50% is the average real estate commission rate in Rhode Island. Learn how Rhode Island real estate commission works and how you can save on realtor fees.