Brookeville Apartments For Rent; Brookeville Homes for Rent; Brookeville Condos for Rent; All Brookeville Rentals
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.
A traditional real estate sales agreement involves the services of a real estate agent, who represents the seller under the supervision of a real estate brokerage. The average real estate commission is 6 percent of the home's sale price but can be higher or lower depending on the area and sales situation. In the case of a $200,000 home with a 6 percent commission rate, the real estate agent's commission would total $12,000. The real estate agent does not get paid until the house sale transaction closes.