Competition and Real Estate
Antitrust Division

Consumers Can Save Thousands of Dollars in Commissions

Consumers who live in states permitting the option to choose innovative brokerage options, such as rebates or fee-for-service MLS-only packages, can potentially save thousands of dollars on commission payments.

This table shows that consumers can save more than $6200 in commissions on the sale of a median-priced home.

Table: Brokerage Options and Potential Savings on Home Sold for $184,334

Option
Seller’s Broker Commission
Buyer’s Broker Commission
Total Commission
Saving
Full-Service
(5.3% commission)
$4,885
$4,885
$9,770
$0
Buyer: Broker Rebates 1%
$4,885
$3,042
$7,927
$1,843
Seller: Fee-for-Service, MLS Only
$500
$4,885
$5,385
$4,385
Buyer and Seller Savings Combined
$500
$3,687
$4,187
$6,228


The source of this information is provided by:

The Department of Justice
Competition and Real Estate Antitrust Division
To visit their website, Click Here

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Real estate broker commissions are negotiable. Home buyers should consult a tax professional concerning the implications of receiving a rebate.