{"id":36703,"date":"2023-06-21T13:47:30","date_gmt":"2023-06-21T20:47:30","guid":{"rendered":"https:\/\/www.homelight.com\/blog\/?p=36703"},"modified":"2025-07-15T11:56:28","modified_gmt":"2025-07-15T18:56:28","slug":"average-real-estate-commission-rate-south-carolina","status":"publish","type":"post","link":"https:\/\/www.homelight.com\/blog\/average-real-estate-commission-rate-south-carolina\/","title":{"rendered":"What\u2019s the Average South Carolina Real Estate Commission Rate?"},"content":{"rendered":"

Editor’s note: On March 15, 2024, the National Association of Realtors (NAR) <\/span>announced<\/span><\/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. <\/span>Learn more<\/span><\/a>.<\/span><\/em><\/p>\n

Most real estate agents in South Carolina 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 South Carolina?<\/p>\n

In this post, we\u2019ll help you determine how much commission you might pay on your South Carolina home sale, and what options are available to earn the highest proceeds possible.<\/p>\n\n\n\n\n\n

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

Find a South Carolina Agent 100% Worth Their Commission<\/h3>\n

HomeLight can connect you with a top-performing, trusted agent in your South Carolina 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
<\/div>\n

What’s the average real estate commission in South Carolina?<\/h2>\n

According to Joel Barber<\/a>, a top South Carolina real estate agent with 18 years of experience, you can expect to pay between 5%-6% in agent commissions when selling a home in the Palmetto State, with some variation based on your location. On a property worth the current statewide median home sale price of $322,980<\/a>, that amounts to $16,149\u2013$19,379 in commission costs.<\/p>\n

Barber says South Carolina\u2019s average commission rate is very similar to the national average. However, the exact percentage you pay depends on what you\u2019re asking your agent to do, their brokerage firm\u2019s structure, and what qualifications they have. Some agents are tied to a commission structure set by their broker, while others might have more flexibility, Barber says.<\/p>\n

Using an overall statewide average of 5.5%, here\u2019s a breakdown of how much you might pay in real estate commissions based on what a home sells for in six cities in South Carolina:<\/p>\n\n\n\n\n\n\n\n\n\n
South Carolina city\u00a0<\/strong><\/td>\nMedian home price<\/strong><\/td>\nTypical commission at 5.5%<\/strong><\/td>\n<\/tr>\n
Charleston<\/td>\n$416,700<\/td>\n$22,919<\/td>\n<\/tr>\n
Columbia<\/td>\n$264,000<\/td>\n$14,520<\/td>\n<\/tr>\n
Florence<\/td>\n$195,700<\/td>\n$10,764<\/td>\n<\/tr>\n
Greenville<\/td>\n$318,800<\/td>\n$17,534<\/td>\n<\/tr>\n
Myrtle Beach<\/td>\n$374,000<\/td>\n$20,570<\/td>\n<\/tr>\n
Spartanburg<\/td>\n$275,700<\/td>\n$15,164<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Median home price source: National Association of Realtors\u00a0<\/a><\/em><\/p>\n

HomeLight gathers agent commission data from cities throughout the U.S. To see if we have commission rates for your city, try our Agent Commissions Calculator<\/a>. You might also be interested in our Home Value Estimator<\/a>.<\/p>\n

Still curious about commission rates in South Carolina? Here are the answers to common questions about real estate agent commissions:<\/p>\n

<\/div>\n

Who pays real estate commission fees?<\/h2>\n

The commission is typically paid by the home seller, and the seller\u2019s agent will then split the commission with the buyer\u2019s agent.<\/p>\n

Barber, who has worked with 83% more single-family homes than the average agent in his Myrtle Beach market, explains the exact commission rate is set very early in the process. Once you go through the interview process and select your real estate agent, you\u2019ll formalize your relationship with a listing agreement<\/a>. That contract will state what commission is due and when.<\/p>\n

First, Barber says, you\u2019ll determine the market value for the property<\/a> together and then decide on a commission structure. From there, your agent will provide you with a net sheet<\/a>, which shows what is being charged to you as the seller.<\/p>\n

\u201cWhat [we] do is provide a net sheet based on [the commission rate] with other fees, such as the stamps, closing attorney fees, and mortgage balance perhaps, to give the seller an idea of what they\u2019re going to net in their pocket based on that market range of the property\u2019s value,\u201d Barber says.<\/p>\n

Curious as to why you\u2019ll be on the hook for the buyer agent\u2019s side as well? That\u2019s to make homebuying more accessible, especially for first-time buyers, according to the National Association of Realtors (NAR)<\/a>. But the commission<\/a> will typically be paid from the sale proceeds, so that\u2019s why having an experienced real estate agent that gets you a strong offer is so important.<\/p>\n","protected":false},"excerpt":{"rendered":"

Learn the average South Carolina real estate commission rate and how much you might pay a Realtor to sell your house. Get tips to retain the highest proceeds.<\/p>\n","protected":false},"author":236,"featured_media":36736,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"cybocfi_hide_featured_image":"","footnotes":""},"categories":[322,808],"tags":[],"class_list":["post-36703","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-logistics","category-real-estate-agent-commissions"],"acf":[],"yoast_head":"\nWhat\u2019s the Average South Carolina Real Estate Commission Rate?<\/title>\n<meta name=\"description\" content=\"Learn the average South Carolina real estate commission rate and how much you might pay a Realtor to sell your house. 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