2.5% to 3%
People also ask
How much Commission do Realtors get paid?
We found that depending on what region you live in, commission splits could range from 49.1-50.9% to 52-48% for the listing and buyer’s agent respectively. Who pays realtor fees? Home sellers pay real estate fees for both their own agent, and the agent representing the home buyer. Why would home sellers pay for the buyer’s agent?
How much does a real estate agent make?
Some brokerages offer commission discounts for sellers, but a typical commission is 6% of the sales price. So how much does a real estate agent make? It depends on the closing price of the home. If the home sells for $500,000, a 6% commission would be $30,000.
How are real estate agents paid based on sale price?
Real estate agent commission is earned based on the sales price of the home; they will receive that commission only after the transaction goes to settlement. How much do real estate agents make? Commissions are negotiable between listing agents and their clients.
How does real estate agent commission work in California?
How real estate agent commission works in California There are usually two real estate agents involved in a home sale: The seller’s agent (also called the listing agent), who represents the home seller The buyer’s agent, who represents the person buying the home