- Buyer’s agents earned an average of 2.4% in commission in the first quarter. That’s up slightly from when the new NAR rules took effect in August, but down slightly from a year earlier.
- Broken down by price, the average buyer’s agent commission for $1 million-plus homes was 2.17%—down from 2.22% the quarter the new rules took effect. For homes that sold for under $500,000, it increased to 2.49% from 2.42%.
Buyer’s agent commissions haven’t changed much since new real estate commission rules went into effect in the U.S. on August 17.
The average buyer’s agent commission was 2.40% for homes sold in the first quarter. That’s up slightly from 2.37% in the fourth quarter of 2024 and 2.36% in the third quarter of 2024—when the new National Association of Realtors (NAR) commissions rules went into effect. But it’s down slightly from 2.43% in the first quarter of 2024, when the new rules were announced.
This is according to an analysis of Redfin’s data on buyer’s agent commissions for closed home sales. This analysis uses national, aggregated sales data from Redfin agents’ listings, deals referred by Redfin.com to partner agents, and deals where buyers used Redfin-owned Bay Equity Home Loans. Please see the end of this report for more details on methodology.
Commissions Are Flattening For $1 Million-Plus Homes But Rising for More Affordable Homes
When the commissions data are broken down by price tier, a different trend emerges. Buyer’s agents are earning a slightly smaller commission percentage for luxury homes than before the NAR settlement, and a slightly bigger percentage for more affordable homes.
- For homes that sold for $1 million or more in the first quarter, the average buyer’s agent commission was 2.17%. That’s unchanged from the prior quarter, but down from 2.22% in the third quarter of 2024—when the new rules took effect—and down from 2.30% a year earlier.
- For homes that sold for $500,000 to $999,999, the average buyer’s agent commission was 2.29%—up from 2.26% in the prior quarter and 2.27% in the third quarter of 2024, but down from 2.34% a year earlier.
- For homes that sold for less than $500,000, the average buyer’s agent commission was 2.49%—up from 2.46% in the prior quarter, 2.42% in the third quarter of 2024, and 2.48% a year earlier.
Commissions are lower for high-priced homes because agents have more room to reduce their fees and still earn a healthy paycheck.
Most Sellers Are Still Paying Buyer’s Agent Commissions
The new commissions rules stem from a legal settlement. In March 2024, NAR agreed to create new rules about the way commissions offered to buyer’s agents are communicated. Here’s how NAR describes the new rules:
“Buyers and their agents will need to reach an agreement regarding how the agent will be compensated for their services and put it in writing prior to touring a home. … Offers of compensation (when a seller or a seller’s agent shares compensation with a buyer’s agent) can no longer be shared on Multiple Listing Services (MLS). … Offers of compensation are still an option but must be communicated off-MLS if a seller chooses to make an offer available.”
Redfin agents report that most sellers are still choosing to pay the buyer’s agent commission, though there are some exceptions.
Commission rates had started to fall gradually in the decade prior to the NAR settlement. But in dollar terms, buyer’s agents earn more money because home prices have risen significantly.
Agents in some markets are reporting a shift in commissions, while agents in others are reporting that it’s business as usual.
“Most sellers are choosing to pay a 2.5% or 3% commission to the buyer’s agent, but I am seeing an increase in the number of sellers offering 2%,” said Stephanie Kastner, a Redfin Premier agent in Seattle.
Kastner noted that many of the 2% commissions she has seen are for new-construction homes on the outskirts of Seattle.
Chaley McVay, a Redfin Premier agent in Portland, OR, said she hasn’t seen much of a change since the new rules went into effect.
“Sellers don’t seem to have any issue paying a buyer’s agent commission,” McVay said. “But if we enter a seller’s market similar to that of 2021 and 2022—with rampant bidding wars—sellers may be inclined to offer low or no commission to the buyer’s agent, forcing buyers to bridge the gap. And if that happens, first-time buyers will be hit hardest because many of them can already barely afford to buy a home.”
Nearly Half of Recent Buyers and Sellers Did Not Try to Negotiate Agent Commission: Survey
Nearly 2 in 5 (37.4%) people who sold a home in the last year negotiated or tried to negotiate the commission paid to their agent, according to a Redfin-commissioned survey conducted by Ipsos in March-April 2025. The lion’s share of recent sellers—45.9%—did not try to negotiate.
Buyers were less likely to negotiate, probably because they often aren’t the one paying their agent. Just over one-quarter (27.2%) of people who bought a home in the last year negotiated or tried to negotiate the commission paid to their agent, the survey found. Nearly half (47.8%) did not try to negotiate.
Methodology
The survey data above are from a Redfin-commissioned survey of 4,000 U.S. residents conducted by Ipsos from March 28, 2025 to April 28, 2025. The relevant survey questions for this report are: When you bought your home, did you negotiate, or try to negotiate, the commission your agent/Realtor earned from the sale? and When you sold your previous home, did you negotiate, or try to negotiate, the commission your agent/Realtor earned from the sale? This report includes responses from 191 people who indicated they bought a home in the past year, and 129 people who indicated they sold a home in the past year.
The other commissions data in this report are based on Redfin’s data on buyer’s agent commissions for closed home sales. The commissions data are from several sources: National, aggregated information from sales of Redfin agents’ listings, deals referred by Redfin and closed by Redfin partner agents, and deals in which a buyer used Redfin-owned Bay Equity Home Loans. The data includes a sample of thousands of transactions per quarter. The analysis excludes the majority of deals in which Redfin agents represented the buyer because the goal of this analysis is to track fees across the real estate industry.
Written by: Lily Katz