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Frequently Asked Questions

What is the average commission rate for real estate brokers?

The standard commission rate for most real estate brokers is 6%. This is usually split between the sales agent (listing agent) and buyer's agent. However, that full 6% isn’t really going to the sales agent and listing agent.

How much does it cost to hire a realtor?

Real estate lawyers typically charge a flat fee, which ranges from $750 to $1,250, Reischer said. Although there shouldn’t be any hidden fees, Romer said there are always carve-outs and exceptions.

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