$60M+ Sold, 5-year Nashville track record, 97-103% sale-to-list ratio.
555 Marriott Drive, Nashville, Tennessee 37214, United States
How Much Commission Do Sellers Typically Pay?
5% to 6% of the home’s sale price.
In a traditional real estate transaction, the total commission is often around 5% to 6% of the home’s sale price. This commission is typically split between the listing broker and the buyer’s broker.
For example, if a Nashville homeowner sells a property for $400,000, a 6% commission could equal $24,000 in fees. Many sellers are surprised to learn how much of their home equity goes toward commission costs.
Because of this, many Nashville homeowners explore alternatives such as flat fee MLS listings, which allow sellers to keep more of their equity while still receiving MLS exposure.
