What is the Average Real Estate Commission in Colorado? (2022)
Abstract
The average real estate commission in Colorado is right at the national average of 5.5%, according to a poll of FastExpert agents. If you're looking at selling your home, you can expect to pay about $5,500 in real estate commissions for every $100,000 in a typical home transaction. What's Included in That 5.5%? The real estate commission is typically split between the buyer's agent and the seller's agent, with each side getting 2.75% of the total sale price. If you're selling your home for $300,000, the real estate commission would be $8,250, with each agent getting $4,125. How is the Commission Paid? The real estate commission is typically paid out of the proceeds from the home sale. Sellers are often the ones responsible for paying both the buyer's agent and the seller's agent commissions. This is just one more expense to factor in when you're budgeting for your Continued The post What is the Average Real Estate Commission in Colorado? appeared first on FastExpert.
