How much do realtor services cost?

# Realtor Service Costs

Commission-Based (Most Common) Most realtors work on commission, typically 5-6% of the home's selling price, split between the seller's agent and buyer's agent. So if your home sells for $300,000 at 6% commission, that's $18,000 total—usually split as $9,000 to each agent. The seller typically pays this from proceeds, so buyers don't pay out-of-pocket.

Flat Fees & Other Models Some realtors now offer flat fees ($3,000-$10,000+) or discounted commissions (3-4%), especially for certain services like listing your home or buyer representation. A few charge hourly rates ($150-$300+/hour) for consulting or specific tasks.

What Affects Price - Local market rates vary by region - Your home's price and complexity - Services included (photography, staging, marketing, negotiation) - Agent experience level - Market conditions

Tips to Save - Shop around and negotiate—commission isn't always fixed - Ask about tiered pricing or reduced rates - Compare what's included in their service package - Consider discount brokerages if you want less hand-holding

Since realtor costs are a significant expense, it's worth getting quotes from multiple agents in your area. Visit realtors.city to find local realtors and ask about their specific pricing structures. Most offer free consultations to discuss rates before you commit!