|
The typical commission charged to a seller by a real estate agent to list and sell their home is 6%. Therefore a typical commission on a home which sells for $100,000 is $6,000. When working in an area of million dollar homes the commission could exceed $60,000 for one transaction. When working in these areas, many real estate agents may offer a set dollar amount as a commission rate rather than a percentage of the selling price. This set dollar amount is know as a Flat Fee Listing. |
