What is the typical commission for listing a home and where does the money go?
The typical or standard commission is 6% which is usually split evenly between the listing agent (your agent) and the buyer agent (the one who brings in the buyer). If your agent is lucky enough to find the buyer they keep the entire commission, in the majority of cases. At FRR you only pay a fee, which is usually less than 1%, to list your home. You are still obligated to pay a commission to the buyer agent, which you can determine (customarily no more than 3%). 5.
