What is the typical commission for real estate agents?
An example of an AI chatbot conversation about real estate agent commissions.
What is the typical commission for real estate agents?
The typical commission for real estate agents ranges from 5% to 6% of the home's sale price.
Is the commission split between the buyer's and seller's agents?
Yes, the commission is usually split between the buyer's and seller's agents, often equally.
Are there any ways to negotiate the commission?
Yes, you can negotiate the commission with your agent before signing a contract.
What factors can affect the commission rate?
Factors include the property's location, market conditions, and the agent's experience.
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