what percent do real estate agents get
Best answer
5-6%
People also ask
How much do real estate agents get paid on average?
How Much Real Estate Agents Make Off An Average Home Sale, In Short. On average, 6% of the sale price will go towards the commission. This figure typically gets split 50-50 between your agent and the buyer agent. How much do real estate agents make 2020?
How much Commission does a real estate agent get?
Real estate commission rates are commonly talked about as a single percentage (eg 5%). However, this figure is actually split to cover the cost of both the buyer’s agent commission and the listing agent commission. For example, if the total commission cost is 5%, then each agent would typically get around 2.5%:
How much do real estate agents charge to sell a house?
In just about every case, it’s the seller who pays the commission. So if you sell a house for $200,000 and your agent charges a 6 percent commission, you’ll have to fork over $12,000. Typically, the seller’s agent and the buyer’s agent split the commission 50-50, so in this case, each agent would get $6,000. This split is negotiable, though.
What are some essential real estate statistics?
This can be helpful when searching for a house, selling a home, listing or searching for a rental home, or representing customers in this market. For the most accurate look at the current real estate market, check out these 20 essential real estate statistics. 1. The average price of newly listed homes has climbed 32.6%