When using a realtor to sell your house, what is the average percentage rate they charge?

Answer 1

6%: 3% to the selling agent and 3% to the buying agent

Answer 2

Two points:
1. Averages are meaningless.
Let me give an example - if you had an investment with an avg. annual return of 20% over 5 years, that doesn't necessarily mean the investment returned 20% every year - it could also easily mean that years 1-4 had a zero return and year 5 had a 100% return. You need to look beyond averages to understand the numbers.

2. The commission is completely negotiable.
That said, when times were flying high there was downward pressure on agents to lower rates since it was perceived that selling was easy. Today with the slowing market (return to normalcy), it can be in the seller's best interest to raise the commission. The name of the game is to get the most exposure for your property and get the highest number of agents with qualified buyers through your doors. Having a higher commission will definitely accomplish this objective.

Answer 3

It is against Federal Law for realtors to quote commission rates from other companies. Beware, this person above me can't quote what the company in your area charges. His whole office can be shut down for that little trick he just pulled here.

Commissions are "set" by each individual company (or broker) and are completely negotiable between the seller and themselves. There are no set commissions, again, a Federal Law.

Just call around and ask, you will find them all in about the same range, then you'll have your answer.

Good Luck!

Answer 4

My commission is 3% and I could care less what the other agents commission is. Old Shawn up top better watch what he says or his license will be Ghandi real quick!!!!

Answer 5

up to 10 per cent depending of the country

Answer 6

6%. But what they don't tell you is this rate is negotiable where you can say, for example 5% for the first 100K, and 6% thereafter.