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On average, the fee can range anywhere from 4% to 6% of the home value, but the industry standard is 6%, which is split 50/50 with the buyerâs and sellerâs agent. So for example, a homeowner that sells a home for $200,000 would have to pay up to $12,000 in real estate agent fees if they were to pay the full 6%. This fee wonât be paid until you reach escrow and the sale is finalized. Once finalized, the funds will automatically be transferred to the brokerage at closing.
Most real estate agents make money through commissions â payments made directly to real estate brokers for services rendered in the sale or purchase of real property. A commission is usually a percentage of the property's selling price, although it can be a flat fee.o illustrate, let's assume an agent takes a listing on a $200,000 house at a 6% commission rate. The house sells for the asking price, and the listing broker and the buyer's agent's broker each get half of the commission, or $6,000 each ($200,000 sales price x 0.06 commission Ã· 2).