{"id":519365,"date":"2025-08-20T19:39:59","date_gmt":"2025-08-20T19:39:59","guid":{"rendered":"https:\/\/daltxrealestate.com\/?p=519365"},"modified":"2025-08-20T19:39:59","modified_gmt":"2025-08-20T19:39:59","slug":"realtor-commission-changes-post-nar-settlement","status":"publish","type":"post","link":"https:\/\/news.gcu.edu.pk\/en\/realtor-commission-changes-post-nar-settlement\/","title":{"rendered":"Realtor Commission Rates: What Sellers and Buyers Need to Know in Columbus, Ohio"},"content":{"rendered":"\n<p>Real Estate commission shifted significantly following the 2024 NAR settlement.&nbsp;<a href=\"https:\/\/daltxrealestate.com\/breaking-jury-in-sitzer-burnett-case-finds-nar-brokerages-guilty-of-colluding-to-inflate-commissions\/\" target=\"_blank\" rel=\"noreferrer noopener\">Understanding Realtor commission changes<\/a>&nbsp;is crucial for any homeowner navigating today&#8217;s market. Commission rates will vary by state and local area. Real estate commissions are completely negotiable.<\/p>\n\n\n\n<p>Commission rates are no longer standardized and can vary by state, city, and even individual agents. All commissions are negotiable, but the way they\u2019re handled has changed.<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-full\"><img decoding=\"async\" src=\"https:\/\/daltxrealestate.com\/wp-content\/uploads\/2025\/08\/Real-estate-agent-and-homeowner-scaled.webp\" alt=\"\" class=\"wp-image-519369\" \/><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Listing Agent Commission:<\/strong> When you hire a listing agent to market and manage your sale, you\u2019ll agree on a percentage of the sale price, typically between <strong>1% and 4%<\/strong>.<\/li>\n\n\n\n<li><strong>Buyer\u2019s Agent Compensation:<\/strong> This is where the biggest change occurred.\n<ul class=\"wp-block-list\">\n<li>Buyer agent fees are no longer automatically displayed in MLS listings.<\/li>\n\n\n\n<li>Buyers must sign a written agreement with their agent before touring homes.<\/li>\n\n\n\n<li>Buyers are responsible&nbsp;<a href=\"https:\/\/daltxrealestate.com\/buyer-realtors-free\/\" target=\"_blank\" rel=\"noreferrer noopener\">for negotiating and paying their own agent fees<\/a>.<\/li>\n\n\n\n<li>Sellers may still choose to offer buyer-agent compensation, but it must be handled outside the MLS listing.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>How Commissions Work in Practice Today<\/strong><\/h2>\n\n\n\n<p>Let\u2019s say you sell a $400,000 home:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Listing Agent Fees:<\/strong> At 2.5%\u20133%, you\u2019ll owe $10,000\u2013$12,000.<\/li>\n\n\n\n<li><strong>Buyer Agent Fees:<\/strong> Sellers are not required to pay, but many still do to make the property more appealing. This compensation might be:\n<ul class=\"wp-block-list\">\n<li>Offered as a concession during negotiations,<\/li>\n\n\n\n<li>Built into the sale price if requested by the buyer, or<\/li>\n\n\n\n<li>Paid directly by the buyer.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<p>In total, while combined commissions often remain 4%\u20136%, the negotiation process is different. Buyers now take more responsibility for their agent\u2019s pay, which can influence how offers are structured.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Typical Costs to List with a Realtor<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>National Commission Average:<\/strong> Historically between <strong>3% and 6%<\/strong> of the final sale price. On a $400,000 home, that\u2019s <strong>$12,000\u2013$24,000<\/strong>.<\/li>\n\n\n\n<li><strong>Flat-Fee and Discount Brokerages:<\/strong> Some sellers choose flat-fee or discount models. These can lower upfront costs, though services are often more limited compared to full-service brokerages.<\/li>\n\n\n\n<li><strong>Administrative or Transaction Fees:<\/strong> Many brokerages add extra charges ranging from $200 to $600.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Negotiating When Listing Your Home<\/h2>\n\n\n\n<figure class=\"wp-block-image aligncenter size-full\"><img decoding=\"async\" src=\"https:\/\/daltxrealestate.com\/wp-content\/uploads\/2025\/08\/Negotiating-Realtor-Agreements-scaled.webp\" alt=\"\" class=\"wp-image-519370\" \/><\/figure>\n\n\n\n<p>Everything about commission and service is negotiable:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Commission Rates:<\/strong> Many agents are open to adjusting their fees, especially in competitive markets or on higher-value homes.<\/li>\n\n\n\n<li><strong>Service Packages:<\/strong> Agents may provide options ranging from basic MLS listings to full-service marketing campaigns, including staging, open houses, and online advertising.<\/li>\n\n\n\n<li><strong>Buyer-Agent Compensation:<\/strong> Sellers can decide whether to contribute to the buyer\u2019s agent fee. While some fear this may limit showings, NAR guidance notes that agents are not supposed to steer clients based on commission offered.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Seller Costs Beyond Commission<\/h2>\n\n\n\n<p>Aside from commissions, you\u2019ll also need to budget for closing costs and other expenses:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Title, Escrow, and Transfer Taxes:<\/strong> Depending on your state, these can total several thousand dollars.<\/li>\n\n\n\n<li><strong>HOA Transfer Fees and Local Charges:<\/strong> If your property is in an HOA, there may be transfer or document preparation fees. Local governments may also charge recording fees.<\/li>\n\n\n\n<li><strong>Average Seller Closing Costs:<\/strong> Typically <strong>1%\u20134%<\/strong> of the sale price, not including commission.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Other Costs Sellers Often Overlook<\/h2>\n\n\n\n<figure class=\"wp-block-image aligncenter size-full\"><img decoding=\"async\" src=\"https:\/\/daltxrealestate.com\/wp-content\/uploads\/2025\/08\/Seller-Expenses.webp\" alt=\"\" class=\"wp-image-519371\" \/><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Repairs and Upgrades:<\/strong> Roof repairs, HVAC service, or plumbing work may be expected before listing. These expenses can add up quickly.<\/li>\n\n\n\n<li><strong>Carrying Costs While on Market:<\/strong> You\u2019ll still be responsible for mortgage payments, property taxes, insurance, and utilities until the home closes. Depending on how long it takes, this could mean several thousand dollars per month.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">How to Save on Realtor Costs<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Interview Multiple Agents:<\/strong> Speak with at least three agents. Compare not only their commission rates but also their marketing strategies and track records.<\/li>\n\n\n\n<li><strong>Consider FSBO or Direct Sale:<\/strong> Selling your home yourself or directly to a buyer can reduce or eliminate commissions, but it often requires more effort and market knowledge.<\/li>\n\n\n\n<li><strong><strong>Using a \u201cSell My House Fast\u201d Alternative<\/strong>:<\/strong> If you need to avoid repairs, staging, and lengthy market time, a direct cash offer can be an option. Google\u00a0<a href=\"https:\/\/webuyhousescashohio.com\/\" title=\"\">Sell my house fast<\/a>\u00a0to explore this approach.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Weighing Realtor Commissions Against Value<\/strong><\/h2>\n\n\n\n<p>The cost to list your house with a Realtor is more than just the commission. Closing costs, repairs, carrying costs, and other expenses all will reduce your net proceeds. Understanding each potential cost, negotiating these cost where possible, and comparing selling options, you can make a decision that aligns with your goals.<\/p>\n\n\n\n<div class=\"wp-block-group has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\">\n<figure class=\"wp-block-image alignleft size-full is-resized is-style-rounded\"><img decoding=\"async\" src=\"https:\/\/daltxrealestate.com\/wp-content\/uploads\/2025\/08\/Marc-Van-Steyn.webp\" alt=\"\" class=\"wp-image-519367\" style=\"width:153px;height:auto\" \/><\/figure>\n\n\n\n<p><strong>Author:<\/strong><\/p>\n\n\n\n<p class=\"has-text-align-left\">Marc Van Steyn is a licensed REMAX Realtor with 21 years of experience helping buyers and sellers in Columbus, Ohio. He also runs a&nbsp;<a href=\"https:\/\/www.youtube.com\/@columbusohioliving3628\" target=\"_blank\" rel=\"noreferrer noopener\">YouTube channel<\/a>&nbsp;sharing tips and market insights for those relocating to the Central Ohio.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>While total commission costs may remain similar to pre-settlement levels (4% to 6%), the negotiation dynamics<\/p>\n","protected":false},"author":148,"featured_media":519370,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21],"tags":[4246,4247,4248,4249,4250,4224,4251,2357,4252],"class_list":["post-519365","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-international-real-estate","tag-buyer-negotiation","tag-columbus-real-estate","tag-commission-transparency","tag-flat-fee-options","tag-listing-strategies","tag-ohio-real-estate","tag-post-settlement-market","tag-realtor-commissions","tag-seller-savings"],"_links":{"self":[{"href":"https:\/\/news.gcu.edu.pk\/en\/wp-json\/wp\/v2\/posts\/519365","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/news.gcu.edu.pk\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.gcu.edu.pk\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.gcu.edu.pk\/en\/wp-json\/wp\/v2\/users\/148"}],"replies":[{"embeddable":true,"href":"https:\/\/news.gcu.edu.pk\/en\/wp-json\/wp\/v2\/comments?post=519365"}],"version-history":[{"count":0,"href":"https:\/\/news.gcu.edu.pk\/en\/wp-json\/wp\/v2\/posts\/519365\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news.gcu.edu.pk\/en\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/news.gcu.edu.pk\/en\/wp-json\/wp\/v2\/media?parent=519365"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.gcu.edu.pk\/en\/wp-json\/wp\/v2\/categories?post=519365"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.gcu.edu.pk\/en\/wp-json\/wp\/v2\/tags?post=519365"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}