Commission is negotiable and varies by brokerage model. Traditional full-service brokerages typically charge 5-6% total (split between listing and buyer agents). Post-NAR settlement, sellers have more flexibility in structuring both sides. A software-backed brokerage like Botway charges a 1% listing fee while providing full-service representation. Buyer-side compensation - typically 2-3% - remains a separate strategic decision based on your competitive landscape and buyer pool goals.
This article provides general educational information only. It is not legal, tax, financial, insurance, compliance, housing, brokerage, or professional advice. Rules, tax rates, obligations, enforcement practices, and market conditions vary by property, building, contract, municipality, and jurisdiction, and they change. Sellers should consult a qualified attorney, CPA, or other appropriate professional before making decisions based on their specific situation.
From the seller playbook: Post-NAR Settlement Commission Strategy
This is general information, not legal, tax or accounting advice. Every situation is different. Talk to a licensed attorney, accountant or tax professional before you act.
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