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It varies by location and is ALWAYS negotiable between the Seller/Principal and the agent representing him/her.

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12y ago

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What is the commission rate for a real estate agent selling their own home?

The commission rate for a real estate agent selling their own home is typically negotiable, but it is commonly around 2-3 of the sale price.


What is the commission rate for a real estate agent selling a million dollar home?

The commission rate for a real estate agent selling a million dollar home is typically around 5-6, which would amount to 50,000 to 60,000.


What is the commission rate typically charged by a real estate agent on a 1 million dollar home sale, and how much would that equate to in terms of their earnings?

The commission rate typically charged by a real estate agent on a 1 million dollar home sale is around 5-6. This would equate to earnings of 50,000 to 60,000 for the real estate agent.


How do you find the commission rate?

How you find the commission rate varies depending on the job. Some jobs pay a commission of 10% of total sales while some have commission that is on a sliding scale. In real estate, the realtor makes a commission from each sale. You can ask what the rate is prior to hiring the real estate agent.


Can a real estate brokers commission rate vary?

Yes, the commission that a real estate broker earns can vary depending on the type of broker and his or her contract. Many brokers can even waive their commission in some cases.


What is commission rate for home-owner's insurance?

The commission rate is the commission earned by the agent or broker who places the policy wit the company.


What is the realtor's commission rate in Minnesota?

There is no standard realtor commission rate. These are negotiable--always. The Department of Justice has nailed the real estate profession on anti-trust violations for trying to maintain a standard rate.


A real-estate agent earned a commission of 4300 on the sale of an 86000 house. Which statement below identifies a commission that is at the same rate?

A commission of $2,600 on the sale of a $52,000 house.


What is the commission rate for selling a million dollar home?

The commission rate for selling a million dollar home is typically around 5-6, which would amount to 50,000 to 60,000.


What is the commission rate for selling a 1 million dollar home?

The commission rate for selling a 1 million home is typically around 5-6, which would amount to 50,000 to 60,000.


What is the commission rate for selling a 2 million dollar home?

The commission rate for selling a 2 million home is typically around 5-6, which would amount to 100,000 to 120,000.


What is the typical commission rate for selling a million dollar home?

The typical commission rate for selling a million dollar home is around 5-6, which would amount to 50,000 to 60,000.