How much is real estate commission in the US?
Commission has traditionally run about 5% to 6% of the sale price, split between the listing and buyer brokerages. Following the 2024 NAR settlement, commissions are more openly negotiable and buyer-agent compensation is no longer advertised in the MLS, so total rates are trending lower and vary more by market.
Who pays the real estate agent commission?
Traditionally the seller paid the full commission from the sale proceeds and it was split with the buyer's agent. After the 2024 NAR settlement, buyers may now negotiate and pay their own agent directly, so who pays each side is increasingly a matter of negotiation in the purchase contract.
Is real estate commission negotiable in the US?
Yes, and increasingly so. There is no set commission rate, and the 2024 NAR settlement reinforced that all commissions are negotiable. Sellers can negotiate the listing rate and the compensation offered to a buyer's agent, and flat-fee and discount brokerages offer lower-cost alternatives.
How do I calculate my net proceeds after commission?
Start with the sale price, subtract the total commission (both sides), subtract your remaining mortgage payoff, and subtract other selling costs such as transfer taxes, title fees, and any concessions to the buyer. The result is your estimated net proceeds. Enter your numbers above to see the breakdown.