Wealthy Living

What is Real Estate Commission?

If you are in the market to sell your home, a good real estate agent is an invaluable asset.

Agents help their clients navigate the market and find potential buyers, and in return for their time and expertise, they charge commission fees.

But what exactly is covered in agent commission fees? And what can homeowners expect to receive in exchange for these costs?

What is the Average Real Estate Commission?

How much is the commission of a real estate agent?

According to a nationwide agent survey by Clever Real Estate, the national average is 5.45% of a home’s final sale price.

According to a nationwide agent survey by Clever Real Estate, the national average is 5.45% of a home’s final sale price.

Typically, it is the seller’s responsibility to pay real estate commission fees.

Agents will usually split the commission between themselves, but the split can vary.

What Do Real Estate Commission Fees Cover?

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