Total real estate commission is typically 5–6% of the sale price, split between the listing and buyer agents. On a $400,000 home, a 5% commission equals $20,000. After the NAR settlement in 2024, buyer agent compensation is negotiable and no longer required to be offered by the seller.
- Traditional total: 5–6% of sale price
- Listing agent: 2.5–3% of sale price
- Buyer agent: 2.5–3% (now negotiable post-NAR settlement)
- Discount brokers: As low as 1–2% for listing side
- Flat-fee MLS: $200–$500 for listing only
| Sale Price | 5% Commission | 5.5% Commission | 6% Commission |
|---|---|---|---|
| $300,000 | $15,000 | $16,500 | $18,000 |
| $400,000 | $20,000 | $22,000 | $24,000 |
| $500,000 | $25,000 | $27,500 | $30,000 |
| $750,000 | $37,500 | $41,250 | $45,000 |