Friday, March 6, 2020 / by Dawn Schultz
Commission Rates
In a real estate transaction, the seller typically pays their agent’s commission and the buyer’s agent’s.
Who pays the agents’ commissions in a real estate transaction? Typically, the seller pays their agent’s commission and the buyer’s agent’s as well. This means there’s no cost to hiring an agent to buy a home. Specifically, seller-paid commissions are split four ways: One fee goes to their agent, another goes to the listing broker, another goes to the buyer’s agent, and the last goes to the buyer’s agent’s broker. If you have any questions about how commissions are split, don’t hesitate to reach out to me.