From an UrbanTurf reader:
Do you know what percent commission realtors typically receive these days when a house is sold? I know the norm, in a good market, is around 3% for both the buyer’s and seller’s agents. Is it any different in this economy?
We spoke with a few agents who said that the commission for both the buyer’s and seller’s agent is still around 2.5 to 3 percent. Let us know in the comments section if you have heard something different.
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