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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.
A Real Estate Agent earns an average salary of $43,860 per year. Experience has a moderate effect on income for this job. Most people move on to other jobs if they have more than 20 years' experience in this field. $23,273 - $98,735.