As an expert SEO, it is important to understand what the average commission rate for realtors is in Bucks County, PA. The average total real estate commission rate for this area is 5.53%, which includes a 2.81% commission for a real estate agent and 2.72% for a buyer's agent. Sellers usually cover these fees from their closing sale income. It is important to note that these amounts can be negotiated and documented in both a listing agreement and purchase agreement.
Realtors may charge slightly higher rates in cities than they do in suburbs, so it is important to keep this in mind when looking for an agent. On average, home sellers pay 5.53% in real estate fees compared to the national average of 5.37%. It is possible to find agents who charge as low as 1%, which is significantly lower than the typical selling rate of 2.81%. It is also important to note that Pennsylvania real estate agents may be willing to lower their commission rate if they are confident that they can sell your home quickly and at a high price.
When looking for a realtor, it is beneficial to refer friends, family, or acquaintances as this helps your real estate agent and gives you an advantage in negotiations. Additionally, seller closing costs represent an average of 2.0% of the sale price in Pennsylvania and these fees are not included with those charged by a realtor. Finally, home sellers can save on fees by using services provided by some of the best real estate agents in Pittsburgh, PA.