{"id":15062,"date":"2023-08-31T16:14:10","date_gmt":"2023-08-31T21:14:10","guid":{"rendered":"https:\/\/listwithclever.com\/average-real-estate-commission-rate\/"},"modified":"2024-01-12T14:42:42","modified_gmt":"2024-01-12T19:42:42","slug":"average-real-estate-commission-rate","status":"publish","type":"post","link":"https:\/\/listwithclever.com\/average-real-estate-commission-rate\/","title":{"rendered":"Current Average Realtor Commission Rates"},"content":{"rendered":"

How agents set their rates<\/a> | How to save on commission<\/a> | Average real estate commission by state<\/a> | Learn more about commission rates<\/span><\/a><\/p>\n

How much are realtor fees?<\/h2>\n

The current average real estate commission is 5.49%, with 2.83% going to the listing agent and 2.66% going to the buyer's agent.<\/p>\n

At this rate, U.S. home sellers pay realtor fees of about $8,235 on a $150,000 home and $38,430 on a $700,000 home.<\/p>\n

How do realtor fees work?<\/h2>\n

When you sell a home, two realtors are typically involved: your listing agent and the buyer's agent. Both agents get paid a real estate commission based on your home's final sale price. These commissions are factored into the listing price of the home, and they're paid from the sale proceeds rather than up front.<\/p>\n

While 2.5\u20133% is the typical fee per agent, what you actually pay will depend on the commission rates you agree to with your listing agent.<\/p>\n

Discussions about commission rate usually take place at an initial listing appointment, when you and a realtor talk about working together to sell your home. The rate you decide on is documented in the formal listing agreement you sign with your agent.<\/p>\n

You and your realtor will also decide what commission rate to offer a buyer's real estate agent. Offering this commission incentivizes buyer's agents to bring their clients to your home.<\/p>\n

Note: <\/strong>realtor commission rates aren't set in stone. They vary by location, brokerage, market conditions, and other factors \u2014 and they're negotiable.<\/p>\n

Some full-service brokerages negotiate lower commission rates for you, which could save you thousands on your home sale.<\/p>\n

For example, Semya-Moya<\/a> pre-negotiates 1.5% listing fees with top real estate agents across the country. When you find your realtor through Clever's free service, you get the full service and support of an experienced, local agent for about half the typical listing fee.<\/p>\n

\ud83d\udc4b Find top agents, sell for a 1.5% listing fee<\/span>

Clever can help you keep more money in your pocket at closing! <\/p>

With Clever: \u2003<\/p>

\u2003\u2705 Sellers pay only 1.5% in listing fees<\/p>

\u2003\u2705 Buyers earn cash back on eligible purchases <\/p>

\u2003\u2705 You'll work with a local realtor from top brokers, like RE\/MAX and Keller Williams<\/p>

Clever's service is 100% free, with zero obligation. You can interview as many agents as you like, or walk away at any time. Enter your zip code to find a top local agent today!<\/p><\/div>

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