Well that's the million dollar question, isn't it?
Before I even get into this, I want to clarify and stress that there is NO standard or set commission structure. Real estate commissions are negotiable, not set by any government or organization, not agreed upon by local boards, etc. Every company has their own policies and can charge whatever they choose to charge. And even within certain companies, agents may also even have flexibility to charge what they want as well. In addition, the structure of payment may differ from one region to the next. There is absolutely NO price setting in real estate.
In this article, I’ll be discussing how listing agents and buyers agents typically get paid as is fairly customary in the Charlotte, NC region and I’m