View commission rates in your state.At this rate, U.S. home sellers pay real estate agent fees of about $7,980 on a $150,000 home and $37,240 on a $700,000 home. For a home valued at the median price of $359,100, this translates to just over $19,100 in total realtor fees...
As a result, the longstanding traditional real estate commission model — that is, sellers footing the bill for both their own agent and their buyer’s, typically totaling 5 to 6 percent of the home’s sale price — is upended. Now, sellers’ agents may no longer make offers of compensat...
The average real estate agent commission covers a wide range of services an agent provides during a home sale. These services can include: working with the seller to set a realistic price for the home, marketing it through a variety of online and offline channels, professionally presenting the ...
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Due to the Sherman Antitrust Act, agents need to be careful about what they say about how much they charge for commission. For example, a real estate agent should not say real estate fees in my town are X percent. Realtors’ commission rates should not be discussed among agents. ...
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Local real estate agents Locally based and well-established realty agents are among the better people to talk to for an indication of prices in a given market. The good ones will have been operating in the market for some while and will have a balanced perspective about the price levels simi...
Real Estate Agent Fees Since agents work forcommissions, they’re only paid when a home sells and don’t receive payment until after settlement. That agent is going to work hard for you. Real estate commissions arenegotiable. But most agents charge a commission of 5% to 6%.2This means a ...