Skip to content
MCC-property

MCC-property

Epicurean real estate

Primary Menu MCC-property

MCC-property

  • Real Estate News
  • House for Rent
  • Construction
  • Furniture
  • Apartment
  • Building
  • About Us
    • Advertise Here
    • Contact Us
    • Privacy Policy
    • Sitemap
  • Home
  • Real Estate Agent Commissions by State in 2022
  • House for Rent

Real Estate Agent Commissions by State in 2022

Rickey Andreu June 25, 2022

Table of Contents

Toggle
  • What is the Average National Real Estate Commission?
  • How Do Real Estate Commissions Work?
  • Are Real Estate Commissions Negotiable?
  • What Else You Should Know About Real Estate Commissions
  • A Word of Caution on Choosing a Discount Real Estate Agent
  • Average Real Estate Agent Commission by State
    • Real Estate Agent Commission by State
  • Methodology
  • What is FastExpert?

[ad_1]

In the United States, real estate agents typically earn a commission for every sale that they make. The amount a real estate agent makes on each sale can vary by state, with agents in some states earning more than twice as much as those in other states.

In this article, we will take a look at how real estate agent commissions are structured in each of the 50 U.S. states.

What is the Average National Real Estate Commission?

The average real estate commission in the United States is roughly 5.5%, according to a random survey of FastExpert’s agents. This means that for every $100,000 in property value that is sold, the real estate agent will earn $5,500.

However, as we mentioned above, commissions vary by state and region. In some areas, agents earn as little as 3%, while in others they can earn up to 7%.

How Do Real Estate Commissions Work?

In most cases, real estate commissions are paid out by the seller of the property. It is typically a percentage of the final sale price and is divided between the buyer’s agent and the seller’s agent.

For example, let’s say that a home is sold for $200,000 and the commission rate is 5%. The total commission would be $10,000, which would be split evenly between the buyer’s agent and the seller’s agent. Or, if the agent is a dual agent – acting on behalf of both the buyer and seller – they would keep the entire sum.

Are Real Estate Commissions Negotiable?

Yes, real estate commissions are negotiable. In most cases, the seller of the property will be the one who pays the commission, so they will have the ability to negotiate with the agent.

Just be advised that just because an agent is offering a lower commission, it doesn’t mean they are a better agent. In some cases, agents who charge lower commissions may be less experienced or may not provide the same level of service as those who charge higher commissions.

It is also worth noting that some real estate agents may charge a flat fee instead of a commission. This is most often seen in low-priced properties or in cases where the agent is confident that they will sell the property quickly.

What Else You Should Know About Real Estate Commissions

Here are a few other things you should keep in mind when it comes to real estate commissions:

  • Commissions are typically paid out at closing, so you won’t have to worry about paying the commission upfront.
  • Even if you are selling your home yourself, you may still need to pay the buyer’s agent their commission, unless you work it into the contract that the buyer is responsible.
  • In some cases, the buyer and seller may agree to split the commission. For example, if the commission is 5% and the parties agree to split it 50/50, the buyer would pay 2.5% and the seller would pay 2.5%.
  • Some real estate agents may charge a higher commission if the property is sold for a higher price. For example, they may charge a 6% commission if the property is sold for more than $500,000. Or, if they have significant experience in niche real estate transactions.
  • In some cases, you may be able to negotiate a lower commission if you agree to use the same agent for both the purchase and the sale.
  • You may also be able to negotiate a lower commission if you are buying and selling multiple properties at the same time.

A Word of Caution on Choosing a Discount Real Estate Agent

The old adage “you get what you pay for” is often true when it comes to real estate agents. Just because an agent is willing to negotiate their commission, doesn’t mean they are the best choice.

There are plenty of real estate professionals willing to discount their services. But, that lower commission means they are cutting essential services or they may not be as experienced.

Instead of choosing the agent with the lowest commission, it is best to choose an agent based on their experience, marketing plan, and reputation. You also want an agent who you feel confident will sell your property quickly and for the best price possible. In most cases, it is worth paying a higher commission to get the results you are looking for.

An experienced agent will likely sell your home faster and for a higher price than a discount agent. They will also be able to provide guidance and advice throughout the process.

The bottom line is that you should not let the commission rate be the only factor you consider when choosing a real estate agent. Instead, you should focus on finding an agent who you feel confident will sell your property quickly and for the best price possible.

Average Real Estate Agent Commission by State

A lot has changed over the last 30 years when it comes to how real estate agents are paid. Back in the 1990s, the average real estate agent commission in the US was 6.04%. In 2020, it was lowered to around 5.6%. According to FastExpert’s agents, in 2022 the figures below roughly match the national average of 5.5%, reflecting a slight decline from 2020.

Real Estate Agent Commission by State

Alabama 5.6%
Alaska 4.9%
Arizona 5.4%
Arkansas 5.4%
California 4.9%
Colorado 5.5%
Connecticut 5.4%
DC 5.3%
Delaware 5.7%
Florida 5.4%
Georgia 5.8%
Hawaii 5.2%
Idaho 5.6%
Illinois 5.2%
Indiana 6%
Iowa 5.9%
Kansas 6%
Kentucky 5.7%
Louisiana 5.1%
Maine 5.6%
Maryland 5.2%
Massachusetts 5%
Michigan 6%
Minnesota 5.4%
Mississippi 5.5%
Missouri 5.9%
Montana 5.6%
Nebraska 5.3%
Nevada 5%
New Hampshire 4.7%
New Jersey 5.2%
New Mexico 5.5%
New York 6%
North Carolina 5.5%
North Dakota 6%
Ohio 5.9%
Oklahoma 5.6%
Oregon 5%
Pennsylvania 5.5%
Rhode Island 5%
South Carolina 5.9%
South Dakota 5.7%
Tennessee 5.6%
Texas 5.7%
Utah 5.2%
Vermont 6%
Virginia 5.1%
Washington 5.2%
West Virginia 5.4%
Wisconsin 5.9%
Wyoming 5.3%

Methodology

The figures presented here were compiled from a random sampling of 871 real estate agents registered with FastExpert. The agents were asked about their average commission rate, as well as the minimum and maximum commission they charge.

What is FastExpert?

If you’re looking to buy or sell a home, you’ve probably heard of FastExpert. But what is it, and how does it work?

In short, FastExpert is a website that connects home buyers and sellers with real estate agents in their area.

Here’s how it works:

  • First, you enter your city or zip code.
  • Then, FastExpert matches you with real estate agents in your area.
  • You can browse the agent’s listing, learn more about their expertise, experience, and even read reviews from past clients.
  • Once you’ve found an agent you’re interested in working with, you can contact them directly through the FastExpert website.

There’s no commission or fee to use FastExpert, so it’s a great way to save money on real estate commissions. Also, we don’t require your information up-front, so you can browse anonymously.

If you’re ready to find a real estate agent in your area, try FastExpert.com today!

[ad_2]

Source link

Post Navigation

Previous Landlord Says No after Confused Tenant Asked If He’ll Increase Rent After 4 Years in 2-bedroom House
Next New home sales beats estimates, but what does it mean? – HousingWire

More Stories

Best Ways to Sell Your House During COVID-19
  • House for Rent

Best Ways to Sell Your House During COVID-19

Rickey Andreu August 17, 2024 0
Vacation Home Rentals-  Everybody Wins
  • House for Rent

Vacation Home Rentals- Everybody Wins

Rickey Andreu August 1, 2024 0
Disney Vacation Home Rentals – Get Luxury, Convenience and Save Money Too
  • House for Rent

Disney Vacation Home Rentals – Get Luxury, Convenience and Save Money Too

Rickey Andreu July 27, 2024 0
July 2025
M T W T F S S
 123456
78910111213
14151617181920
21222324252627
28293031  
« May    

Archives

  • July 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • November 2024
  • October 2024
  • September 2024
  • August 2024
  • July 2024
  • June 2024
  • May 2024
  • April 2024
  • March 2024
  • February 2024
  • January 2024
  • December 2023
  • November 2023
  • October 2023
  • September 2023
  • August 2023
  • July 2023
  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • June 2017
  • May 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
  • December 2016
  • November 2016
  • October 2016
  • September 2016
  • August 2016
  • July 2016
  • June 2016

Categories

  • Apartment
  • Building
  • Construction
  • Furniture
  • House for Rent
  • Real Estate News

Recent Posts

  • How Long Does a Vinyl Fence Last? Durability Explained
  • Zyon Grand: A New Era in Comfort and Elegance—Experience the Ultimate Luxury Living
  • Auckland Home Renovation Boom: What’s Driving the Trend in 2025?
  • Building Inspection Costs: Your New Zealand Pricing Guide
  • Discover the Appeal of Quartz Countertops in Richmond, CA

Fiverr

Fiverr Logo

Tags

C&M Real Estate C&R Real Estate Services C.F. Real Estate C J Real Estate D&B Real Estate D'Arcy Real Estate D'Ettorre Real Estate D Real Estate Appraiser D Real Estate Daily D Real Estate Logo E Real Estate Agency E Real Estate Agents Act 2008 E Real Estate Corp E Real Estate Depot E Real Estate Depot Mission Tx E Real Estate Llc E Real Estate Logo E Real Estate Meaning F&C Real Estate Investments F&G Real Estate F Real Estate Developer F Real Estate Logo F Real Estate Management F Real Estate Words H&F Real Estate M&D Real Estate Real Estate Data Real Estate Definition Real Estate Degree Real Estate Desoto County Ms Real Estate Developer Real Estate Development Consultant Real Estate Dyer County Tn Real Estate Dyersburg Tn Real Estate Etf Real Estate Exam Prep Real Estate Exam Questions Real Estate Express Login Real Estate Express Reviews Real Estate Fayette County Tn Real Estate Florida Real Estate For Dummies Real Estate For Sale Real Estate For Sale Memphis Tn Real Estate For Sale Near Me
naturalbea
peachboom

You may have missed

How Long Does a Vinyl Fence Last? Durability Explained
  • Building

How Long Does a Vinyl Fence Last? Durability Explained

Rickey Andreu July 16, 2025 0
Zyon Grand: A New Era in Comfort and Elegance—Experience the Ultimate Luxury Living
  • Building

Zyon Grand: A New Era in Comfort and Elegance—Experience the Ultimate Luxury Living

Rickey Andreu July 14, 2025 0
Auckland Home Renovation Boom: What’s Driving the Trend in 2025?
  • Building

Auckland Home Renovation Boom: What’s Driving the Trend in 2025?

Rickey Andreu July 2, 2025 0
Building Inspection Costs: Your New Zealand Pricing Guide
  • Building

Building Inspection Costs: Your New Zealand Pricing Guide

Rickey Andreu July 2, 2025 0
Discover the Appeal of Quartz Countertops in Richmond, CA
  • Building

Discover the Appeal of Quartz Countertops in Richmond, CA

Rickey Andreu July 1, 2025 0
mendocinocoastproperty.com | CoverNews by AF themes.

WhatsApp us