
Realtor Fees And Real Estate Commissions in Georgia | Bankrate
Real estate agents’ commissions are often one of the biggest transaction expenses for homebuyers and sellers. In the past, the model for commissions was that the seller covered the cost of both agents — their own and the buyer’s. Given that each agent typically earns 2.5 to 3 percent of the home’s sale price, the combined cost of these could be a huge expense: For example, 6 percent on a $400,000 house comes to a whopping $24,000.
However, a recent lawsuit settlement has changed the structure of...