What Is Real Estate Commission?
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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 in return for their time and expertise, they charge commission fees.
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But what exactly is covered in agent commission fees?
And what can homeowners expect to receive in exchange for these costs?
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Read on to gain a full understanding of what real estate commission is, how much it costs, who pays for it, and alternative routes sellers can take.
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What Is the Average Real Estate Commission?
According to a nationwide agent survey by Clever Real Estate, the national average is 5.45% of a home’s final sale price.
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Typically, it is the seller’s responsibility to pay real estate commission fees.
Who Pays Real Estate Commission Fees?
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A good agent will make the selling process much smoother and should have a large network of potential buyers.
What Do Real Estate Commission Fees Cover?
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Yes, you can negotiate commission fees, although, they are not required to oblige your request.
Can I Negotiate Real Estate Commission Fees?
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