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There is no standard realtor commission rate. These are negotiable--always. The Department of Justice has nailed the real estate profession on anti-trust violations for trying to maintain a standard rate.

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Q: What is the realtor's commission rate in Minnesota?
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A local realtor can answer your question.


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Formula of rate of commission?

Commission divided by sale = rate of commission.For example:Last week Don Felt made a commission of $325.80 on $2715 sales. Find his rate of commission.S325.80/2715=12%


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Is the percent of total sales paid as commission to a salesperson?

Commission rate


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Every state has a Real Estate Commission that is responsible for licensing, continuing education requirements, contracts and forms, reprimands and disciplining agents.


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Depending on which state your in the rules maybe different, but for the most part Realtors get paid on commission coming from a certain percent of the listing agreement.


How do you find the commission rate?

How you find the commission rate varies depending on the job. Some jobs pay a commission of 10% of total sales while some have commission that is on a sliding scale. In real estate, the realtor makes a commission from each sale. You can ask what the rate is prior to hiring the real estate agent.


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What is the rate of commission on a 15000 sale if the commission is 45?

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