So in the average Maine home sale, the listing agent is only taking home 1.28%. The real estate commission is typically split between: Keep in mind - your listing agent isn’t pocketing that entire 5.12%. Easier, faster sales can command lower commissions, while longer, more difficult ones are going to be on the high end. Maine agents we talked to said their commission rates are almost always flexible.Ĭommission flexibility is mainly because different homes require different investments of time and labor. How real Maine agents and brokers set commission rates Realtor fees vary widely from city to city and can change rapidly. Of course, averages don’t tell the whole story. Agents are willing to make less on a sale if they know they can quickly move to the next deal. This below-average trend is likely due to Maine’s hot real estate market, where home values rose 10.1% year over year, even as many other markets plateaued or declined.Ĭommission trends downward in a hot market since there’s more competition among agents. Maine’s average realtor fees are down from 5.5% in 2021 and are also currently lower than the U.S. The average total realtor fees in Maine are 5.12%. See agents near you! How much are realtor fees in Maine? You compare options, choose the best fit, and get the same service and support for up to half the usual rate!Ĭlever is free to use and there’s no obligation to work with any of the agents you’re matched with. List with the best local agents for just 1.5% (seriously)Ĭlever Real Estate matches you with vetted local agents who work for just a 1.5% listing fee when you find them through Clever’s free service.Ĭlever has 28 vetted agents across Maine from major brands like RE/MAX and Coldwell Banker. Here’s what you can expect to pay in realtor commission based on the average home price of $351,375. Maine real estate commission: How much will you pay? We’ll also explain why Maine commissions are what they are (and offer up some tips that could help you save). This guide breaks down how much commission sellers can expect to pay in Maine. The agent and brokerage you choose, as well as the specifics of your sale - like your home’s value, location, and condition - are also factors. Realtor commission rates vary considerably by region, city, or even neighborhood. On the average Maine home price of $351,375, you’d pay $17,990 in real estate commission fees as a seller. In Maine, sellers typically cover the real estate commission fees for both agents out of their sale proceeds at closing. This includes a 2.66% listing agent commission and a 2.46% buyer’s agent commission. The average total real estate commission in Maine is 5.12%. In this guide: How much you’ll pay | Average Maine realtor fees | How Maine agents set rates | How to save on commission in Maine | FAQ | Our research Why trust us: Our data is based on a survey of 650 real estate agents and brokers across the U.S.
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