Clever surveyed local agents and found that the average total real estate commission in Arizona is 5.44%, compared to the national average of 5.44%. This is made up of the average seller’s agent rate of 2.74% and the average buyer’s agent fee of 2.70%.
For context, if you sell a home that costs $330,000, you’d typically pay around $17,952 in realtor fees; $35,360 for a $650,000 home; and $59,296 for a $1,090,000 home.
Realtor commission is usually the largest cost you’ll face when selling your home — but you don’t have to pay the full 5.44%. You can use a low commission real estate broker to save on listing fees.
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How real estate commission works in Arizona
Average listing commission | 2.74% |
Average buyer’s agent commission | 2.70% |
Total average commission | 5.44% |
There are usually two real estate agents involved in the real estate transactions of a home sale:
- The seller’s agent (also called the listing agent), who represents the home seller
- The buyer’s agent, who represents the person buying the home
The seller’s agent earns their commission by determining an appropriate listing price and managing the closing process.
The buyer’s agent earns their commission by bringing a qualified buyer who agrees to the terms of the contract and completes the sale on time.
Sellers and buyers must negotiate realtor fees with their agents separately (as required by the 2024 NAR lawsuit settlement). The seller and buyer each sign a contract with their agent, promising to pay the agreed-upon commission. Sellers can offer to pay a buyer’s agent concession to help the buyer afford the home.