💰 How much is California realtor commission? 💰

The average realtor commission in California is 4.92% of a home’s sale price. That’s significantly lower than the national average commission of 5.49%.

Realtor commission is typically the single largest cost you’ll pay when selling your home. California has a median home value of $790,475, according to Zillow. At an average commission rate of 4.92%, a California realtor will make $38,891 on an average sale. That’s a big chunk of change!

But the good news is that you have lots of ways to reduce that cost.

Use a Low-Cost Real Estate Agent

One of the easiest ways to save on realtor costs is to work with a low-commission real estate agent. For example, my wife Trish would be happy to work with you and she’ll provide a full-service experience at a fraction of the usual price — saving you thousands when you sell.

California Realtor Commission: How It Works

In the state of California, realtor estate commission is split between the seller’s agent and the buyer’s agent. Each agent also pays a portion of their commission to their brokers.

Why is the average commission in California so high? Well, listing agents do a lot of unpaid work up front to sell your home — and they typically don’t make a salary or any kind of regular paycheck outside their commissions.

Listing agents market each listing extensively, as more eyeballs on a home — and more offers — is what drives up its sale price. They also spend time and money finding new clients, which is unpaid, speculative work.

Sell FSBO (For Sale By Owner)

Selling your home yourself is difficult and generally not widely recommended. But while you won’t pay any commission to a listing agent, you’ll still be covering the buyer’s agent’s commission.

Selling FSBO is only a good idea if you’re an experienced home seller — or you’re selling to a friend or family member. You really do have to do all the work yourself: market the home, negotiate with buyers, and file the closing paperwork. It’s a big job, and mistakes can have serious consequences if you make mistakes.

How hard is it to sell FSBO? According to the National Association of Realtors, only 7% of home sales in 2021 were FSBO sales, and they sold for a median price of $260,000. Meanwhile, agent-assisted sales sold for a median of $318,000.

Furthermore, 57% of FSBO sellers knew the buyer of their home, suggesting that most FSBO sales are personal transactions, not conventional sales in which the home is listed on the open market and buyers essentially find the price through competition.

Sell Your House To Integrity Home Solutions

We don’t charge a commission and we will handle all the paperwork. You don’t have to fix up any repairs nor will you have to put up any signs and in most cases, you won’t have to clean up the house. We have bought many homes in Solano County from Vacaville to Benicia and all surrounding areas.

Get in touch with us and see if selling to us makes sense.