Average Buyers Agent Real Estate Commission, 2023 Report
March 27, 2023
I love writing about real estate commission. Licensed for 20 years now, I have always been surprised when Realty companies and other real estate agents are hush-hush about their commission rates. I have the opposite approach. My commission rates are transparent and upfront and I write annual reports on local and national real estate commission rates, divided into what sellers agents are charging and what buyers agents are receiving. Typically when a homeowner hires a Realtor to sell the home, they pay both the sellers agent and buyers agent fees. Let’s say the total commission charge is 5% (a common rate these days), the sellers agent might take 3% of that and give 2% to the buyers agent (check your...