Wondering how Real Estate typically works?!  If you (or someone you know) are a Buyer looking for an agent to assist you, keep in mind that several well known companies now charge Buyers a Buyer fee that often exceed over $200.00.  It's important to ask your agent if their company has any fees to you, as the Buyer, to avoid any surprises. Typically the Seller pays commission to both the Buyer's  agent as well as the Seller's  agent, and this is only when a sale has occured, closed and funds have been received.