What is the Average Real Estate Commission in South Dakota?
If you’re listing your home for sale in South Dakota, you might be wondering what the average real estate commission is. The answer depends on a number of factors, but the average in SD is 5.7%, above the national average of 5.5%, according to a poll of FastExpert agents.
Of course, every situation is different and your specific real estate agent’s commission will be based on a number of factors, including their experience, the market conditions in your area, and the type of property you’re selling.
If you’re looking for a top-rated real estate agent to help sell your home, try FastExpert today. We can match you with a local agent who will work hard to get you the best possible price for your home.
What Does Listing Your Home Entail?
When you list your home with a real estate agent, they will help you determine an appropriate asking price based on recent sales of similar properties in your area. They will also help you market your home to potential buyers and schedule showings.
The real estate commission is typically paid by the seller at closing, and is usually equal to a percentage of the final sale price. So, if your home sells for $200,000, and the commission is 5%, you would pay your agent $10,000 at closing.
In some cases, the buyer’s agent may also receive a commission from the seller. This is called a dual agency situation, and it’s important to be aware of if it’s happening in your transaction.
How to Find the Best Listing Agent in South Dakota
Finding the best listing agent in South Dakota is easy with FastExpert. Our service will match you with top-rated real estate agents in your area who are ready to help you sell your home.
When you use FastExpert, you’ll be connected with local agents who have the experience and knowledge to get you the best possible price for your home. You’ll also be able to read reviews from past clients to help you make an informed decision.
Get started today and find the perfect real estate agent to sell your South Dakota home.