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Do home sellers typically pay Realtor fees when selling a property, or are these costs usually covered by the buyer?

The seller typically pays the realtor fees, which are around 5-6% of the home's sale price, but this amount can be negotiated.

In a typical home sale, the realtor fees are divided between the listing agent and the buyer's agent, with each agent receiving roughly half of the total commission.

The national average commission rate is 5-6%, but it can vary based on the home, local market, and level of support needed.

For instance, in a $200,000 sale, each broker and agent would receive $2,500.

The total commission is typically a fee paid at closing by the home seller, unless a different arrangement has been made.

Sellers can use a discount real estate brokerage to save money on realtor fees.

Standard practice is that the seller pays the fee, but the buyer indirectly pays the fee through the home's sale price.

Listing agents receive around 50-60% of the total commission, while buyer's agents receive the remaining 40-50%.

In some cases, the buyer's agent may receive a smaller percentage of the commission if they are representing the buyer in a buyer-broker agreement.

Realtor fees can vary widely depending on the location, type of property, and services provided.

Some real estate agents may offer a lower commission rate in exchange for a higher volume of listings.

In some areas, the commission rate may be higher or lower than the national average due to local market conditions.

Sellers can choose to pay a flat fee instead of a percentage-based commission to save money on realtor fees.

Real estate agents may also charge additional fees for services like staging, photography, or virtual tours.

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