Wow, I'm surprised to see so many different answers to this question. I mostly agree with Michael Emery. However, some agents get bigger commission splits than others depending on the amount of volume they bring into their brokerage. In my area we generally split 6-7% between the buyer's and seller's agent/brokerage. If the agent "pays for a desk" then they are probably pocketing around 90% of the 3%. If not, then they only pocket 50-75% of the 3% . So to make simple, on every 100K, a buyer's agent could make $1500-2000. This is what the seller's agent can expect to make as well.
It means the house is for sale by owner. In most cases, the owner will only sell if they receive an attractive offer that will "make me move". Generally, this means the offer would have to be well above market value.
It means the house is for sale by owner. In most cases, the owners will sell only if they receive an offer that will "make me move". Generally, this means the offer would have to be well above market value.
Sometimes Zillow.com takes a while to update the data in their server. For example, the site may still be reading "sold" from the last transaction. You may want to ask your listing agent if he/she has any insight or contact customer service to find out. Good luck.