Real estate commissions fell by $12 Billion (with a B) in 2008.    In 2007, residential real estate agent’s earned a whopping $58.4 Billion versus $46.6 Billion in 2008.   2005 was the all time high for real estate commissions paid to agents.   In 2005, home seller’s forked over $71 Billion to residential real estate agents.

The highest commissions paid to sell a home in the US were in the west, where the average sales price is the highest.  Agents in the western part of the US earned an average of $16,230 for each home sale.   The average commissions paid in 2008 in other parts of the country were:  Northeast, $15,500; South, $11,050; Midwest, $9540.

The data on agent commissions came from the National Association of Realtors and Real Trends.    The question is why should seller’s pay more to sell an expensive home than one that is priced for less???  The job to sell any house is exactly the same, regardless of the list price… Why 6 Percent?????

Thank you for visiting Why 6 Percent.  We have been assisting home seller’s, who do not want help from an agent, since 2003.   We can help you, too.

All homeowner’s are invited to place a Free Home for Sale or Lease listing on InfoTube.net.  Good luck on the sale of your home.