How much should be the agent's commission?

**silveraden** · 10-22-2009, 07:33 AM

I am selling my house and will probably need an agent.. What percentage should I give to an agent?

Thanks

**markbrian** · 10-22-2009, 08:21 AM

During the process of interviewing several different agents to list your property, the commission they charge should be discussed. Do not select an agent based on who charges the least or suggests the highest list price.

Base your decision on experience, marketing plan, personality, etc.

Most agents in a given area will charge about the same amount. In fact there is no set amount according to federal law. But just because some one charges more does not mean they are better than some one that charges less. And just because some one charges less, does not mean they are not as effective.

You want to ask for the potential listing agents for a CMA. Part of this CMA should include what percent commission was offered and use that to base your decision regarding commission. If all the homes similar to yours have sold with a X% commission to the buyers agent, you do not want to list yours offering a commission less than X% to buyers agents.

**JRamirez** · 10-22-2009, 04:09 PM

6% is standard for the two agents to split.

**markbrian** · 10-22-2009, 04:19 PM

There is no standard or set amount according to the Sherman Anti trust act.

**AdamAgent** · 10-22-2009, 08:55 PM

Originally Posted by markbrian

There is no standard or set amount according to the Sherman Anti trust act.

There is no standard and anyone who says so should be reported and their license stripped.

It's ALWAYS negotiated and negotiable.

**<L>DanielMcGRey<L>** · 10-22-2009, 11:37 PM

It depends on his/her involvement and help to you.

**silveraden** · 10-23-2009, 01:20 AM

I am thiking of giving 5% to a single agent who can sell my house here...

Thanks for the suggestions..

**gharper** · 10-23-2009, 01:42 PM

Of course by law there is no official "standard" but when most people say standard they mean typical or average. I've noticed so many people here are way over the top serious.

I was looking for a while and the commission in San Diego, CA seemed to usually around 2.5% - 3.5% for the buyer's agent. So double that to be 5% - 7% total.

**Nick Brian** · 10-23-2009, 09:42 PM

Hi there's actually no fixed fees. A standard rate in the market is six percent but more or less the idea is to find an agent who understand you and your market.