There is not a standard commission for real esate brokers. The pay rate, fee or percentage is negotiable. There are no rules or policies that set the amount brokers charge. 

There are many different compensation models brokers may use, including commission, flat fee, hourly fee, and fees for specific tasks. The term "commission" is used her for simplicity.

Consumers can shop for various compensation models and services when choosing their broker. Each brokerage independently determines the services it will provide and the fees it will charge for those services based on their own business decisions and market forces such as supply and demand. Commission amounts have fluctuated over the years due to changes in market conditions. It's important to ask the right questions and consider the value a real esate agents offers during a real property exchange.

Talk to your Realtor about how to make your move as smooth as possible. Your Realtor has the knowledge and skills to help you make informed decisions.

To learn more about about the duties of an agent, visit https://www.nar.realtor/about-nar for more information or call Katie Embrey at 325.320.2982--a TEXAS REALTOR®, here with you!