Source: Realtor —
Do you know how much an average real estate agent commission is? Or who pays real estate agent fees and closing costs?
If you’re scratching your head, you’re not alone: More than half of Americans don’t know what the average real estate agent commission is in their area, according to a report by the Consumer Federation of America. Plus, the commission and fees can vary from state to state and among brokerages.
Though most homebuyers and sellers might not be able to tell you what these fees are, they’re fairly critical to the real estate agent working for you. These fees are how most real estate agents are paid.
