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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.
How real estate agents get paid. Most often real estate agents get paid real estate commissions based upon the sale price of a property. The commissions of a real estate transaction are negotiable and tend to range anywhere from 1% all the way up to 10%. For our purposes here we will use a 5% commission rate example. So for a $250,000.00 property, the 5% commission paid upon the closing of that property will be $12,500.00.