Standard Real Estate Commission 2024. Starting august 17, 2024, sellers no longer need to pay both agents' commissions up front, fundamentally changing how homes are bought and sold. The 6% commission, a standard in home purchase transactions, is no more.
A settlement by the national realtors association promises to change the way real estate agents are compensated. The average real estate commission in the united states is 5.57%, according to a survey of 580 agents and realtors on fastexpert.
