{"id":35995,"date":"2024-07-16T04:00:12","date_gmt":"2024-07-16T11:00:12","guid":{"rendered":"https:\/\/www.homelight.com\/blog\/?p=35995"},"modified":"2025-03-26T10:26:55","modified_gmt":"2025-03-26T17:26:55","slug":"average-real-estate-commission-rate-new-york","status":"publish","type":"post","link":"https:\/\/www.homelight.com\/blog\/average-real-estate-commission-rate-new-york\/","title":{"rendered":"What\u2019s the Average New York Real Estate Commission Rate?"},"content":{"rendered":"

Editor\u2019s note: On March 15, 2024, the National Association of Realtors (NAR) announced<\/a> a landmark lawsuit settlement that will change the way real estate agent commissions are handled in the future. These changes will \u201cdecouple\u201d seller and buyer agent compensation. Industry experts predict that this decoupling will likely lower agent fees and give buyers the ability to negotiate commission amounts directly. Learn more<\/a>.<\/em><\/p>\n

Most real estate agents in New York get paid through commissions. Commissions are typically calculated as a percentage of a property\u2019s sale price, though some brokerages will charge a flat fee. The average agent commission<\/a> rate nationwide is 5.8% of the home sale price, according to HomeLight\u2019s real estate transaction data of thousands of home sales each year. But how does that compare to the average real estate commission rate in New York?<\/p>\n\n\n\n\n\n

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\n \"homelight\n <\/div>\n \n

Find a New York Agent 100% Worth Their Commission<\/h3>\n

HomeLight can connect you with a top-performing, trusted agent in your New York market. We analyze over 27 million transactions and thousands of reviews to determine which agent is best for you based on your needs.<\/p>\n \n

\n Get Started<\/a>\n <\/div>\n <\/div>\n<\/div>\n\n\n

While first-time homebuyers may balk at a Realtor\u00ae\u2019s fee when they first calculate it, Realtors do a lot of work to help sell your house. Anthony Butera<\/a> runs a real estate team in Rochester, New York, that tracks the hours spent on each sale. He says that his team spends anywhere from 35 to 50 hours working with a buyer or seller. \u201cSome deals are really complicated, some are messy, some die, and you start from scratch,\u201d he says.<\/p>\n

In this post, we\u2019ll help you determine how much commission you might pay on your New York home sale, and what options are available to earn the highest proceeds possible.<\/p>\n","protected":false},"excerpt":{"rendered":"

Learn the average New York real estate commission rate and how much you might pay a Realtor to sell your house. Get tips for best proceeds.<\/p>\n","protected":false},"author":153,"featured_media":45681,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"cybocfi_hide_featured_image":"","footnotes":""},"categories":[322,1270,808],"tags":[1271],"class_list":["post-35995","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-logistics","category-new-york-real-estate","category-real-estate-agent-commissions","tag-selling-a-house-in-new-york"],"acf":[],"yoast_head":"\nWhat\u2019s the Average New York Real Estate Commission Rate?<\/title>\n<meta name=\"description\" content=\"Learn the average New York real estate commission rate and how much you might pay a Realtor to sell your house. 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