Seller's agent commission (fee, sales, sell, need)

[Asgardian]

How much is generally a commission % that the agent takes?

I'm getting 5% so far. That's a lot but maybe normal?

[Electrician4you]

Negotiable. But overall pretty sure 6% is "going rate" . Usually that 6% commission is split 50/50 but sometimes listing agent may offer a bit more to buyer agent to get the ball rolling. That's what my buddy's wife charges 6% but she said she's done deals for 4.5%

[jackmichigan]

A listing commission of 5 or 6% is common, but I would hesitate to call it "normal". Commission rates are negotiable, although an agent may not be allowed to lower a commission if the brokerage says otherwise. I think you'd be more likely to negotiate a lower commission with an independent broker, however, they still need to charge enough to remain in business. Commission charges are oftentimes higher than would appear reasonable since not all listings result in sales. Sellers typically prefer to pay "only if they sell", as opposed to paying a set, although lower, fee regardless of whether they sell or not.

[Asgardian]

Good to know. i negotiated with the agent and got it down to 4%. I'll take it.

[jackmichigan]

Good for you. More people need to realize that commission rates are negotiable. Now I just hope that they can deliver for you.