Friday, December 9, 2022

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what is the average real estate broker fee

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What percentage do most realtors charge?
Real estate commissions can be negotiated, but they typically run about 5 percent to 6 percent of a home's sale price. The exact terms of an agent's commission vary from sale to sale, and can depend on region and which firm they work for.
Can you negotiate the broker fee?
You can! No law sets real estate commission rates, so you are free to negotiate. If you offer a lower commission rate to your realtor, be aware that they may refuse and even back out as your listing agent. There are a few reasons real estate agents may be willing to accept lower fees, though.
Can you negotiate fee with real estate agent?
Real estate commissions are absolutely negotiable. Real estate agents are independent contractors, and although they may be tied to paying a certain amount to their broker, they usually have some flexibility in what percentage they can charge.