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What is the typical commission fee charged by a realtor for selling a home

The typical commission fee charged by a realtor for selling a home is around 5-6% of the home's sale price. This commission is usually split between the seller's agent and the buyer's agent. For example, if a home sells for $200,000 at a 6% commission, the seller's agent and buyer's agent might split that $12,000 and each receive $6,000. It's worth noting that the commission fee can vary depending on the location, the realtor, and other factors, so it's important to discuss the commission fee with your realtor before signing a listing agreement.

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