Real Estate Commision 2022
At Unreal Estate, we recognize that real estate commissions can significantly reduce your profits when selling your home, with U.S. home sellers typically spending an average of $19,214 on realtor fees. These commissions, however, are negotiable. For instance, selling a $400,000 house with a 1% commission realtor from Unreal Estate could save you $8,000 compared to the standard 2.5-3% listing fees. Our comprehensive survey of active agents across the U.S. reveals that typical realtor commission rates range from 4.45% to 6.34%. Unreal Estate simplifies the process of saving on commissions by offering pre-negotiated low rates with top-rated local agents, helping you retain more of your home's sale value.
At Unreal Estate, we understand that real estate commissions can be a major expense when it comes time to sell your home. On average, U.S. home sellers spend $19,214 on realtor fees, which can eat into your profits.
However, realtor commissions are not standardized and can always be negotiated. For example, if you sold a $400,000 house, working with a 1% commission realtor from Unreal Estate could save you $8,000 compared to the 2.5-3% listing fee that many seller's agents charge.
To provide home sellers with the most accurate information on average realtor commission rates in each state, we conducted a comprehensive survey of active agents across the U.S. Our research found that typical realtor commission rates range from 4.45% to 6.34%.
Remember, these are only averages and you can always negotiate realtor fees with your agent or choose to sell with a discount brand like Unreal Estate that offers pre-negotiated low commission rates. Unreal Estate makes it easier than ever to save money on real estate commissions by pre-negotiating 1% or $3,000 listing fees with top-rated local agents.
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The average commission rate for listing agents nationwide is in the range of 2.26% to 3.17% or 2.72% on average. This means that for a home sold for $357,810 (around the national median home value), sellers can expect to pay $8,087-$11,343 in listing agent commission. This can be a significant amount of money, especially for those selling their home in a high-demand market where prices are already high.
However, we also found that listing commission rates can vary by as much as 40% depending on where you live. For example, in some states, the average listing commission rate is 4.84%, while in others it can be as high as 5.81%. This means that in some cases, sellers could be paying thousands of dollars more in realtor fees than they would in other states.
The average commission rate for buyer's agents nationwide is 2.19% to 3.17%, or 2.65% on average. This means that for a home sold for $357,810, buyers can expect to pay $7,836-$11,343 in buyer's agent commission.
These figures represent the national average, though we found that buyer's agent commission rates can vary by as much as 0.88 percentage points depending on the state you live in. This means that buyers in some states could be paying more in realtor fees than buyers in other states.
Overall, our research shows that real estate commission rates can vary significantly depending on where you live. We found that average real estate commission rates by state can differ by as much as a full percentage point. This can make a big difference, especially for those selling or buying a high-priced home.
However, no matter where you live, paying average realtor fees will take a significant chunk out of your profits when you sell your home. Thankfully, there are more affordable options available, such as negotiating lower rates with your agent or choosing to sell with a brand like Unreal Estate.
By choosing Unreal Estate, you can save thousands of dollars on real estate commissions and get the support of a full-service agent from a trusted brokerage like Berkshire Hathaway or Keller Williams. Unreal Estate's service is 100% free, with no obligation, so you can interview as many agents as you like until you find the perfect fit.
Don't let high real estate commissions eat into your profits when you sell your home. Choose Unreal Estate and save on realtor fees while still getting the support and expertise of top-rated local agents. Get started today and take the first step towards a more affordable and successful home sale.
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