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May 1, 2024 · Our December 2023 survey of local agents found that the average real estate commission in Ohio is 5.99%, which is higher than the national average of 5.49%. Calculate your estimated commission in Ohio. To sell a house worth $223,135 — the median home value in Ohio — you'll pay about $13,366 in realtor fees.
Apr 12, 2024 · Ohio sellers pay an average of $12,945 in realtor fees, based on the average Ohio home price of $216,115. Realtor commission rates vary considerably by region, city, or even neighborhood. The agent and brokerage you choose, as well as the specifics of your sale — like your home’s value, location, and condition — are also factors.
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Jun 28, 2023 · As top real estate agent Adam Jessen of Cincinnati explains, you can expect to pay between 5%-7% in agent commissions when selling a home in Ohio, with some variation based on location within the state. A property worth the current statewide median home sale price of $227,700 amounts to $11,385–$15,939 in commission costs.
Apr 12, 2024 · Buyer’s agent commission rates typically range from 1.00% to 4.00%, or 2.66% on average. That’s about $3,460 to $13,842 on a $346,048 home. The buyer’s agent commission, paid from the home sale proceeds, is the amount given to the agent representing the buyer. The seller typically covers this cost and isn’t a direct expense for the buyer.
- A fair commission depends on the quality of your home, the services your agent provides, how quickly you want to sell, and if you are a repeat cust...
- Real estate agent fees are negotiable, but most agents are reluctant to accept lower fees without good reason. Being a repeat customer or selling a...
- Usually, the seller pays for both of the agent commissions after the sale has been finalized. These fees are deducted from the sale price, so neith...
Sep 14, 2023 · The average Ohio Realtor commission was 5.81% in 2023. Ohio’s commission rate is higher than the national average, which was 5.37% as of June 2023. Depending on where your property is located (among other factors) that rate may fluctuate further. The Ohio commission rate plays a significant role when buying or selling a home.
Jan 22, 2024 · Commission costs assume an average realtor commission of 5.99%. This table does not include other seller closing costs. Ohio realtor fees are expensive, with average costs ranging from $10,000 to as high as $27,000 in various Ohio counties. But they’re also your best cost-saving opportunity. How to save on Ohio realtor fees Use a discount broker
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Sellers Save on Commission When You Use A Clever Agent. No Obligation. No Fees. 100% Free! Low Cost Local Seller Real Estate Agent. No Obligation. No Fees. 100% Free.
