Real Estate Commission Rates in 35 Cities: Uniformity and Variability
This report analyzes buyer agent commission rates on 17,805 home sales in several dozen cities throughout the United States. The study found a high degree of uniformity among these buy-side rates.
- In each of 10 cities, at least 87 percent of the home sales had identical commission rates.
- In each of 18 cities, at least 70 percent of the sales had identical commission rates.
- In each of 24 cities, at least 88 percent of the sales had commission rates between 2.5 and 3.0 percent.
