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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.
Commercial real estate agents earned an average annual income of $90,000 as of 2013, according to the job site Indeed. This is significantly higher than the average income of $51,170 that the U.S. Bureau of Labor Statistics (BLS) reports for all real estate agents, including residential and commercial reps.