Most real estate agents in Connecticut get paid through commissions. Commissions are typically calculated as a percentage of a property’s sale price, though some brokerages will charge a flat fee. The average agent commission rate nationwide is 5.8% of the home sale price, according to HomeLight’s real estate transaction data of thousands of home sales each year. But how does that compare to the average real estate commission rate in Connecticut? In this post, we’ll help you determine how much commission you might pay on your Connecticut home sale, and what options are available to earn the highest proceeds possible. According to top-performing real estate agent Jessica Boswell of Bristol, you can expect to pay about 5% in agent commissions when selling a home in Connecticut, with some variation based on location within the state. On a property worth the current statewide median home sale price of $330,000, that amounts to $16,500 in commission costs. Here’s a breakdown of how much you might pay in real estate commissions based on local commission data and what a typical home sells for in six of the largest cities in Connecticut:
HomeLight gathers agent commission data from cities throughout the U.S. To see if we have commission rates for your city, try our Agent Commissions Calculator. You might also be interested in our Net Proceeds Calculator and Home Value Estimator. Still curious about commission rates in Connecticut? Here are the answers to common questions about real estate agent commissions: The commission is typically paid by the home seller, and the seller’s agent will then split the commission with the buyer’s agent. As Boswell explains, commissions tend to be lower in Connecticut, with some agents struggling to get a 6% commission to split between the listing and buyer agent. Sometimes, sellers might ask their listing agents to set the commission rate when they list the property in the MLS. More expensive properties located along the shore and those that are located in the Northeastern part of the state tend to have lower commissions. “An extremely high price point is more subject to a lower commission,” she says. “Sellers would probably haggle those the most.”What’s the average real estate commission in Connecticut?
Connecticut city
Median home price
Avg. commission rate
Typical commission
Bridgeport
$280,000
4.86%
$13,608
Manchester
$260,000
5.03%
$13,078
Waterbury
$220,000
5.02%
$11,044
East Hartford
$240,000
4.77%
$11,448
Danbury
$418,000
4.99%
$20,858
Middletown
$287,000
5.01%
$14,378
Who pays real estate commission fees?
